
Samsonite Grants Restricted Share Units to New Senior Executives

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Samsonite International SA has granted 789,423 restricted share units to two new senior executives as part of its 2022 Share Award Scheme. The awards will vest in three equal tranches from 2027 to 2029 and are intended to align the executives' interests with shareholders. This initiative aims to aid recruitment and retention in a competitive market. Following this grant, 47,652,013 shares remain available for future awards. The current analyst rating for Samsonite stock (HK:1910) is a Buy with a price target of HK$26.00.
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