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FBR Limited Grants Share Performance Rights to Director
Company Announcements

FBR Limited Grants Share Performance Rights to Director

Story Highlights
  • FBR Limited grants 75 million share performance rights to Director Mark Pivac.
  • The rights, part of a long-term incentive plan, align executive interests with company goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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FBR Limited ( (AU:FBR) ) has shared an announcement.

FBR Limited has announced a change in the interest of Director Mark Joseph Pivac, who has been granted 75 million share performance rights as part of his long-term incentive. These rights are a component of his remuneration, subject to performance conditions, and were issued following shareholder approval at the Annual General Meeting. This move is in line with FBR Limited’s Employee Securities Incentive Plan and reflects the company’s commitment to aligning executive interests with long-term strategic goals, potentially impacting its market positioning positively.

More about FBR Limited

FBR Limited is a company operating in the technology or industrial sector, specializing in providing innovative solutions, potentially involving automation or robotics, as suggested by the context of share performance rights and incentive plans.

YTD Price Performance: 25.00%

Average Trading Volume: 287,926

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $119.7M

For detailed information about FBR stock, go to TipRanks’ Stock Analysis page.

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