Infosys' new stock option plan: IT firm to allocate 5 cr shares to incentivise employees, retail talent

Infosys' new stock option plan: IT firm to allocate 5 cr shares to incentivise employees, retail talent

Bengaluru: IT major Infosys on Thursday announced that its board of directors has approved the 'Infosys Expanded Stock Ownership Program 2019' that links long-term employee incentives with shareholder value creation. Subject to shareholder approval, the "unique" plan proposes to allocate 50 million shares (or 5 crore shares) equating 1.15 percent of the company's equity shares to a broad base of employees, which will vest on challenging performance criteria, the company said in a release.

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