HPSP Co., Ltd. (403870) increased planned employee share awards to 59,917 shares in a filing on September 7. The amended amount replaces 51,517 shares in its August 7 announcement after the number of recipients changed.
The awards now cover 38 employees rather than 37 and carry a disclosed value of ₩2,145,028,600. Shares will transfer from the company's treasury account to recipients under stock option and restricted stock unit arrangements.
The disclosed transfer period runs from August 7 through October 30, with awards subject to individual contractual conditions. The company's market capitalisation was ₩4.4 trillion at Monday's close.
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| Symbol | Last Price |
|---|---|
| 403870HPSP Co., Ltd. | ₩53,300 +4.9% |