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Tencent Music Sets New 2024 Share Incentive Plan
Company Announcements

Tencent Music Sets New 2024 Share Incentive Plan

Tencent Music Entertainment Group (TME) has released an update.

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Tencent Music Entertainment Group, China’s leading online music platform, has announced the adoption of a new Share Incentive Plan for 2024, which took effect on May 29, 2024. This new plan introduces a sizable number of shares for issuance and simultaneously discontinues previous incentive schemes. The move signals the company’s commitment to aligning the interests of its employees with those of its shareholders.

For further insights into TME stock, check out TipRanks’ Stock Analysis page.

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