SMIC (00981) has announced the issuance of 78,400 new ordinary shares on September 9, 2026.
According to the company's filing, these shares were issued to non-director employees upon the exercise of restricted stock units granted under the 2024 Share Award Scheme, which was adopted on June 28, 2023.
The issuance reflects the ongoing implementation of the company's equity incentive program aimed at retaining and motivating key talent.
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