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International Business Settlement Holdings Limited Grants 2 Billion Share Options

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International Business Settlement Holdings Limited Grants 2 Billion Share Options

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International Business Settlement Holdings Limited ( (HK:0147) ) has issued an update.

International Business Settlement Holdings Limited announced the grant of 2 billion share options under its 2023 Share Option Scheme. This move, aimed at rewarding and incentivizing its directors and employees, represents approximately 8.66% of the company’s total shares in issue. The options, which have no performance targets, are priced at HK$0.274 per share and are exercisable over a ten-year period, starting from the first anniversary of the grant date. This strategic decision is expected to enhance employee motivation and align with the company’s long-term growth objectives.

The most recent analyst rating on (HK:0147) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on International Business Settlement Holdings Limited stock, see the HK:0147 Stock Forecast page.

More about International Business Settlement Holdings Limited

International Business Settlement Holdings Limited is a company incorporated in Bermuda, operating within the financial services industry. The company focuses on providing business settlement solutions and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 60,804,510

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.12B

Find detailed analytics on 0147 stock on TipRanks’ Stock Analysis page.

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