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An update from Meituan Dianping ( (HK:3690) ) is now available.
Meituan Dianping announced the grant of over 5 million restricted share units (RSUs) to its employees and service providers under its Post-IPO Share Award Scheme. This move aims to align the interests of the grantees with the company’s goals and is part of a strategy to encourage long-term commitment and contributions to the firm’s growth and profitability. The RSUs are set with a time-based vesting schedule, without performance targets, and include a clawback mechanism for non-compliance or criminal offenses by grantees.
More about Meituan Dianping
Meituan Dianping is a company incorporated in the Cayman Islands, known for its operations in the technology and service sectors. The company focuses on providing a wide range of services including technology-related advisory and consultancy services.
YTD Price Performance: 1.59%
Average Trading Volume: 14,062
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $114.9B
See more insights into 3690 stock on TipRanks’ Stock Analysis page.
