Xiaomi ( (HK:1810) ) has provided an update.
Xiaomi Corporation announced the granting of 83,443,656 Award Shares to 3,877 participants under the 2023 Share Scheme and 10,244,813 XMHK Options to 62 participants under the 2024 Xiaomi HK Share Scheme. This move is aimed at incentivizing employees and service providers, with a vesting period extending up to 2035 and performance-based conditions. The scheme includes a clawback mechanism to ensure alignment with company objectives, potentially impacting employee retention and motivation.
More about Xiaomi
Xiaomi Corporation is a technology company incorporated in the Cayman Islands, primarily known for its consumer electronics and smart hardware products. The company operates with a focus on innovation and quality, offering a wide range of products including smartphones, smart home devices, and other electronic gadgets, and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 74.44%
Average Trading Volume: 175,178
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $186.1B
Find detailed analytics on 1810 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com