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SITC International Grants 14 Million Share Awards to Boost Employee Engagement

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An announcement from SITC International Holdings Co., Ltd. ( (HK:1308) ) is now available.

SITC International Holdings Co., Ltd. announced the grant of 14 million share awards to 687 eligible participants under its Share Scheme, with the aim of incentivizing and aligning the interests of its employees with the company’s long-term growth objectives. The share awards, which will vest on April 29, 2028, are designed to motivate and retain key contributors to the company’s success, enhancing productivity and performance without imposing additional performance targets.

More about SITC International Holdings Co., Ltd.

SITC International Holdings Co., Ltd. operates in the logistics and shipping industry, providing integrated transportation and logistics solutions. The company focuses on offering efficient and reliable services to meet the demands of its clients in the Asia-Pacific region.

YTD Price Performance: -6.40%

Average Trading Volume: 1,754

Technical Sentiment Signal: Sell

Current Market Cap: €6.35B

See more data about 1308 stock on TipRanks’ Stock Analysis page.

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