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Shanghai Conant Optical Co. Ltd. Class H ( (HK:2276) ) just unveiled an update.
Shanghai Conant Optical Co., Ltd. announced a correction regarding the proposed purchase price of its restricted share units, clarifying it should be HK$4.58 per share instead of the previously misstated HK$26.05. The company has also decided to cancel previously granted share awards to reorganize the list of awardees and improve employee motivation. A new grant and vesting proposal has been introduced, which includes a structured vesting schedule to enhance the motivational impact on employees.
More about Shanghai Conant Optical Co. Ltd. Class H
Shanghai Conant Optical Co., Ltd. operates in the optical industry, focusing on the production and distribution of optical products. The company is involved in the development and implementation of share award schemes to incentivize and retain talent.
YTD Price Performance: 4.62%
Average Trading Volume: 2,698,165
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$12.5B
See more insights into 2276 stock on TipRanks’ Stock Analysis page.