Lenovo Shares (ESPP)
What
Want to own a piece of Lenovo? Lenovo Shares, our Employee Stock Purchase Program (ESPP), gives you the opportunity to invest in Lenovo stock through convenient payroll deductions. Even better, Lenovo rewards long-term investors with additional matching shares.
Why
Free shares — literally: Buy four shares and Lenovo will give you one additional matching share when you hold your investment for the required two-year holding period. That’s a solid reason to think long term.
Highlights
- Join during the enrollment period held each year in late November through early December.
- Purchase Lenovo shares through convenient after-tax payroll deductions.
- Lenovo provides one matching share for every four shares you purchase.
- Matching shares become yours after a two-year holding period.
- Annual minimum and maximum contribution limits apply based on your employee band.
- Dividends paid on your shares are automatically reinvested to purchase additional shares.
How it works
There are three types of shares:
- Contribution shares: These are purchased each month using your payroll contributions.
- Matching shares: For every four shares you buy, Lenovo gives you one additional matching share. These shares vest and become yours after you’ve completed the two-year holding period.
- Dividend shares: When dividends are declared, they’re automatically reinvested to purchase additional Lenovo shares, helping your investment grow.
Your contribution shares are yours to sell whenever you choose. As a reminder, to receive matching shares, you’ll need to hold your contribution shares for the required two-year holding period. Once that period ends and the matching shares vest, you can keep or sell both your contribution shares and matching shares. The choice is yours.
Did you know?
Investing through payroll deductions can help make saving and investing a regular habit. Because contributions come directly from your paycheck, you’re building your investment without having to remember to transfer money each month.