tiprankstipranks

Yidu Tech Inc. Grants Share Awards to Drive Long-Term Growth

Story Highlights
Yidu Tech Inc. Grants Share Awards to Drive Long-Term Growth

The latest update is out from Yidu Tech, Inc. ( (HK:2158) ).

Yidu Tech Inc. has announced the grant of 2,139,300 share awards under its Post-IPO Share Award Scheme, representing approximately 0.20% of the company’s total issued shares. The awards, granted to nine individuals, are subject to a vesting period and performance targets, with a clawback mechanism in place for termination of employment for cause. This initiative aims to incentivize long-term development and growth within the company by aligning employee performance with strategic goals.

More about Yidu Tech, Inc.

YTD Price Performance: 32.15%

Average Trading Volume: 29,806,437

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.82B

For a thorough assessment of 2158 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App