FilingReader Intelligence

State Grid InfoComm to cancel restricted stock awards

July 10, 2025 at 10:40 AM UTCBy FilingReader AI

State Grid Information & Communication (SSE:600131) announced it will repurchase and cancel 1,592,125 restricted shares previously granted under its 2021 equity incentive plan. The cancellation affects 143 employees and is due to three employees leaving the company and the second vesting period’s performance targets not being met.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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