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Wasion Holdings Awards Shares to Foster Long-term Growth

Story Highlights
  • Wasion Holdings Limited grants 2.74 million share awards to align employee interests with company growth.
  • The share awards include a clawback mechanism but no performance targets to retain and motivate employees.
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Wasion Holdings Awards Shares to Foster Long-term Growth

Wasion Holdings Limited ( (HK:3393) ) just unveiled an update.

Wasion Holdings Limited announced the granting of 2,740,000 share awards to 117 eligible employees under its Share Award Scheme, effective February 24, 2025. This initiative is aimed at aligning employee interests with the company’s growth objectives and retaining talent for long-term profitability. The scheme includes no performance targets but has a clawback mechanism for breaches of grant conditions. The decision is approved by the Board and Remuneration Committee, with an emphasis on encouraging contributions to the company’s growth.

More about Wasion Holdings Limited

Wasion Holdings Limited is a company incorporated in the Cayman Islands, engaged in the provision of advanced metering infrastructure products and services. The company’s primary focus is on the energy measurement and management sector, offering solutions to improve energy efficiency and resource management.

YTD Price Performance: 26.51%

Average Trading Volume: 1,833,576

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$8.88B

For detailed information about 3393 stock, go to TipRanks’ Stock Analysis page.

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