GreenBank Capital (TSE:GBC) has released an update.
GreenBank Capital has announced cost-saving measures with a cut in directors’ pay and the launch of a new stock option plan, alongside appointing the experienced Harpa Hermannsdóttir as their new CFO. The compensation reduction will save the company $60,000 annually, while the new option plan includes 6.2 million shares, exercisable at $0.08 for the next three years. The changes are part of GreenBank’s strategy to become a more financially self-sustaining investment entity.
For further insights into TSE:GBC stock, check out TipRanks’ Stock Analysis page.
