Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Tongda Group Holdings ( (HK:0698) ).
Tongda Group Holdings Limited has issued a supplemental announcement regarding its Share Award Scheme as outlined in its 2024 Annual Report. The announcement provides additional details on the share awards granted, including the number of shares vested, terminated, or lapsed. Notably, 29,050,000 awarded shares have lapsed due to unfulfilled vesting conditions, with refunds in process for the total issue price paid for these shares. This development highlights the company’s ongoing efforts to manage its equity compensation plans and may impact employee incentives and shareholder value.
The most recent analyst rating on (HK:0698) stock is a Buy with a HK$0.14 price target. To see the full list of analyst forecasts on Tongda Group Holdings stock, see the HK:0698 Stock Forecast page.
More about Tongda Group Holdings
Tongda Group Holdings Limited is a company incorporated in the Cayman Islands, operating within the manufacturing industry. The company focuses on producing electronic components and materials, catering to various market needs.
Average Trading Volume: 16,875,491
Current Market Cap: HK$963.8M
See more insights into 0698 stock on TipRanks’ Stock Analysis page.