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Forterra plc Grants Performance-Based Share Awards to Key Executives

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Forterra plc Grants Performance-Based Share Awards to Key Executives

The latest announcement is out from Forterra ( (GB:FORT) ).

Forterra plc has announced the granting of awards over ordinary shares to certain directors and key personnel under its Performance Share Plan. These awards, totaling 1,965,064 shares, are subject to performance conditions related to earnings per share growth, total shareholder return, and reductions in carbon emissions and plastic packaging intensity. The awards are set to vest in March 2028, contingent on meeting these conditions, reflecting Forterra’s strategic focus on sustainability and financial performance, potentially impacting its market positioning and stakeholder value.

More about Forterra

Forterra plc operates in the construction materials industry, primarily focusing on the manufacturing and supply of building products, including clay bricks and concrete products. The company is a key player in the UK market, serving a range of construction and infrastructure projects.

Average Trading Volume: 616,631

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £333.1M

For a thorough assessment of FORT stock, go to TipRanks’ Stock Analysis page.

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