Techtronic Industries granted a total of 1.375 million stock options and 1.775 million restricted shares

Zhitong
2025.04.16 10:31

Techtronic Industries announced the grant of 1.375 million stock options and 1.775 million restricted shares on April 16, 2025, which will take effect upon acceptance by the grantees. The stock options are based on the plan adopted in 2017, while the restricted shares are based on the plan adopted in 2018, both of which were revised in 2023

According to the announcement from Techtronic Industries (00669), on April 16, 2025, the company will grant a total of 1.375 million stock options to several directors for the subscription of company shares, based on its stock option plan adopted on May 19, 2017, and revised and restated on May 12, 2023, which will only take effect upon acceptance by the option grantees.

On April 16, 2025, according to its share award plan adopted on January 17, 2018, and revised and restated on May 12, 2023, the company will grant a total of 1.775 million shares as award shares to the aforementioned directors, which will only take effect upon acceptance by the award share grantees