Techtronic Industries (HK:0669) has released an update.
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Techtronic Industries Company Limited has announced the granting of 920,000 shares as share awards to certain directors, with varying vesting periods based on position and performance targets. The awards, which are part of a share award scheme adopted in 2018, aim to incentivize and recognize directors’ contributions to the company’s growth and are subject to clawback provisions in certain circumstances. The initiative underlines the company’s commitment to aligning the interests of its leadership with those of its shareholders.
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