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SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of valuation model used for the PSUs granted

The following table lists the inputs to the valuation model used for the PSUs granted during the three months ended March 31, 2025:

						March 2025 PSUs
Fair value at grant date (in dollars)						17.88
Share price at grant date (in dollars)						11.90
Dividend yield						—
Expected volatility (A)						47%
Risk-free interest rate (US government bond yield)						3.93%

(A)Volatility in the share prices of the Company and companies included in indices were estimated based on observed historical volatilities over a period equal to the PSU vesting period.

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Schedule of Share-Based Payment Award, Performance-Based Restricted Stock Units, Valuation Assumptions

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