HYBE Surprises Staff With Jaw-Dropping Bonus As BTS Completes Military Service
Last Updated:
BTS's agency, HYBE's stock had dropped during the septet's military service, but is now rising again after the band's comeback.
BTS members V, Jungkook, RM, Jin, J Hope, Suga and Jimin have all finished their military service. This has brought great excitement not only among fans, aka ARMYs, but also to their company, HYBE. The agency's stock had dropped during the septet's service but is now rising again after the band's comeback. To celebrate this good news, HYBE decided to give a big bonus to their full-time employees worldwide. Each employee will receive 20 restricted stock units (RSUs), and at today's value, these stocks are worth 6.21 million KRW, which is close to Rs 3 Lakh.
As per the Seoul Economic Daily, HYBE has not announced the exact date when employees can use or sell the new RSUs. Interestingly, this is the third time the company has given such a massive reward to its team. In December 2024, HYBE provided 16,396 treasury shares as RSUs to 34 of its executives and staff. Just last month, the company granted another 12,142 shares to 32 employees.
Speaking about the latest bonus, a HYBE representative explained, 'This RSU grant plan is intended to share the fruits of our collective efforts for the company's growth."
It's not just HYBE employees who will benefit from BTS members returning from military service. As the members step back into the spotlight, companies connected to them, directly or indirectly, are also expected to see better business, among them is Mirae Asset Securities.
A spokesperson stated, 'With BTS's return, there is a possibility of increased sales in business divisions with high profit margins."
BTS's next project is expected to push HYBE's stock even higher. This means the bonus given to employees could be worth much more later. The RSUs given are not immediate cash. They are granted now but can only be used after a certain period of time. So, while each unit is currently valued at 6.21 million KRW, the final amount employees receive could be much more if the stock continues to rise.
After Suga completed his military service last week, fans are now eagerly waiting to see him back on stage with the rest of the BTS members, V, Jungkook, RM, Jin, J Hope and Jimin.
First Published:
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
19 minutes ago
- Time of India
NMC seeks disbursement of Rs4,000 crore for Kumbh Mela works
Nashik: The Nashik Municipal Corporation (NMC) has formally requested Rs4,000 crore from state govt to fund major projects ahead of the upcoming Simhastha Kumbh Mela. The civic body has asked for these funds to be allocated by the end of March 2026. Tired of too many ads? go ad free now In a letter sent to state govt, the NMC emphasized on the urgency of the funding, stating that the proposed works require a two-year time frame for completion. To facilitate this, the civic body has urged the govt to include the provision for these funds in its supplementary demands during the upcoming monsoon session of the state legislative assembly, which is scheduled to begin on Monday. Municipal commissioner Manisha Khatri confirmed the demand and said, "We have already sent a letter to state govt in this connection. We hope the funds will be approved in the supplementary demands during the upcoming monsoon session of the state assembly being held in Mumbai." The civic administration has prepared a Rs15,000 crore plan for the upcoming Simhastha Kumbh Mela, slated to be held between 2026 and 2028. The major three amrit snans (holy bath) will take place in Aug and Sept 2027. The NMC needs to start all major works which require around two years. The civic body is also in the process of starting works for land acquisition at Sadhugram, construction of bridges, construction of new sewage treatment plants (STPs), sewage network, among other works. In the first phase, the NMC will undertake works worth Rs 7,779 crore, of which around Rs 4,000 crore are to be spent by March 2026. Keeping this in mind, the civic body has written to state govt, seeking funds.
Time of India
19 minutes ago
- Time of India
Early property tax rebate: Date extended till July 31
New Delhi: Municipal Corporation of Delhi (MCD) extended the deadline for the 10% early property tax filing rebate until July 31. Property owners can now receive the 10% rebate by making their tax payments before the new deadline. Previously, the deadline was June 30. The extension was granted following a standing committee meeting, where concerns were raised about technical issues affecting the corporation's property tax portal, which prevented many users from accessing the system. The announcement was made by standing committee Chairperson, Satya Sharma. Besides the 10% rebate for advance payment of taxes, other rebates given to senior citizens, women, etc., will also continue until July 31. The civic body earlier claimed to intensify camps with RWAs and take other measures to increase tax collection. MCD established a property tax collection target of Rs 4,000 crore for 2025-26. There are approximately 13 lakh taxpayers, and the civic body is also taking measures to bring more taxpayers under the tax net. TNN You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi
Time of India
31 minutes ago
- Time of India
State ties up with 2 IITs for safety checks on 85 bridges
Patna: The state road construction department (RCD) has roped in IIT Delhi and IIT Patna to audit 85 major bridges under its newly launched Bihar State Bridge Maintenance Policy 2025, the department's minister Nitin Nabin said here on Friday. The minister said the Bihar State Bridge Construction Corporation Limited (BSBCCL) has signed an agreement with IIT Patna and IIT Delhi for the structural audit of bridges and the development of the Bridge Information and Management System (BIMS). "Through this partnership, we will be able to work together on important tasks such as assessing the condition of bridges, identifying critical deficiencies in bridge structures, and developing targeted maintenance and repair strategies," he said. Nabin added that conducting structural safety audits is essential for the regular use of constructed bridge structures. "This will help identify issues within the bridges, allowing for repairs to be carried out accordingly. Timely repairs and audits will prevent future bridge accidents, providing the public with a safe travel experience," he said. "Bihar has a total of 3,968 bridges, of which 532 are classified as large. In the first phase, safety audits will be conducted on 85 of the large bridges. This work is being carried out through BSBCCL. The audit process will reveal the actual condition of the bridges in the state, allowing them to be repaired and made fully operational. IIT Patna and IIT Delhi will provide health reports for 85 bridges within a year," a communique issued by the department said. "IIT Patna has been assigned the task of auditing 45 bridges with an LOA issued on 04.06.2025, and a sanctioned amount of Rs 8.72 crore. IIT Delhi has been assigned the safety audit of 40 bridges with an LOA issued on 04.06.2025 and an approved amount of Rs 7.88 crore," the communique said.
