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South Korean Listed Companies See First Sub-1 Trillion Won Stock Option Grants in Five Years

South Korean Listed Companies See First Sub-1 Trillion Won Stock Option Grants in Five Years

SEOUL, Nov. 30 (Korea Bizwire) – This year, the aggregate value of stock options granted by publicly listed companies in South Korea has dipped to 950 billion won, marking the first time in five years that it has fallen below the 1 trillion won threshold. The decline in the stock market has been a contributing factor, [...]

RedHill Biopharma Announces Exercise of Stock Options by Directors and Senior Management

RedHill Biopharma Announces Exercise of Stock Options by Directors and Senior Management

TEL-AVIV, Israel, Jan. 9 (Korea Bizwire) — RedHill Biopharma Ltd. (NASDAQ:RDHL) (TASE:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today announced the exercise, in the last week, of stock options to purchase [...]

“Stock Grant” to be Implemented to Discourage Banks’ Self-protectionism

“Stock Grant” to be Implemented to Discourage Banks’ Self-protectionism

SEOUL, Aug. 20 (Korea Bizwire) — After President Park Geun-Hye publicly denounced the prevalent mannerism in the financial industry, financial authorities are considering adopting long-term performance-based incentive payment schemes such as “stock grant” for commercial bank employees to remedy the situation. Most banks have already adopted long-term incentive payment systems, but only executives and high-ranking managers are allowed [...]