Tesco plc (GB:TSCO) has released an update.
Tesco PLC has granted conditional shares to its Executive Directors and Executive Committee members as part of its Long-Term Incentive Plan 2021, with a total value of over £406,000 based on the current share price. These shares will vest in June 2027, contingent on meeting certain performance targets related to earnings per share, free cash flow, and ESG metrics. This move reflects Tesco’s commitment to aligning executive rewards with long-term company performance.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Shareholder Alert for Flux Power Holdings, Inc. (NASDAQ:FLUX)
- ValueAct’s $1B Stake in Meta Platforms is a Constructive Not Activist Bet
- Spirit Airlines Plunges 63% on Possibility of Bankruptcy Deal Wiping Out Shareholders
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
