tiprankstipranks
Company Announcements

GSK Announces Vesting of Deferred Bonus Awards for Executives

Story Highlights
GSK Announces Vesting of Deferred Bonus Awards for Executives

Discover the Best Stocks and Maximize Your Portfolio:

GlaxoSmithKline ( (GB:GSK) ) has issued an update.

GSK plc announced the vesting of Deferred Bonus Awards under its 2017 Deferred Annual Bonus Plan for its managers and directors. The awards, granted in 2022, have been exercised as nil-cost options or restricted awards over Ordinary Shares and American Depositary Shares (ADSs), with sales made primarily to cover tax liabilities. This move highlights GSK’s commitment to its remuneration policy and could impact shareholder value by aligning managerial interests with company performance.

More about GlaxoSmithKline

GlaxoSmithKline (GSK) plc is a leading pharmaceutical and healthcare company operating in the research, development, and manufacture of a range of healthcare products, including vaccines, medicines, and consumer healthcare products. The company is focused on improving the quality of life by enabling people to do more, feel better, and live longer.

YTD Price Performance: 6.76%

Average Trading Volume: 7,365,639

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £58.9B

See more insights into GSK stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1