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Meituan ( (HK:3690) ) has provided an announcement.
Meituan has announced the grant of 11,828,615 Restricted Share Units (RSUs) under its Post-IPO Share Award Scheme, aimed at aligning the interests of its employees and service providers with the long-term growth of the company. This initiative, which does not require shareholder approval, is designed to retain talent and encourage contributions to the company’s profitability, with a vesting period ranging from 23 to 48 months for employees and approximately 47 months for service providers.
The most recent analyst rating on (HK:3690) stock is a Buy with a HK$154.40 price target. To see the full list of analyst forecasts on Meituan stock, see the HK:3690 Stock Forecast page.
More about Meituan
Average Trading Volume: 67,921,717
Technical Sentiment Signal: Sell
Current Market Cap: HK$614.8B
See more insights into 3690 stock on TipRanks’ Stock Analysis page.