Hunting PLC Aligns Executive Bonuses with Shareholder Interests

Hunting ( (GB:HTG) ) has shared an announcement.

Hunting PLC announced that under its Directors’ Remuneration Policy and Annual Performance-Linked Bonus Plan, 25% of the post-tax value of the 2024 annual bonus for Executive Directors has been delivered in shares. Jim Johnson received 48,172 shares and Bruce Ferguson received 15,083 shares, which are to be retained for a minimum of two years. This move reflects the company’s commitment to aligning executive compensation with shareholder interests, potentially impacting stakeholder confidence and company operations by reinforcing executive investment in the company’s future.

More about Hunting

Hunting PLC operates in the energy sector, primarily focusing on the manufacturing and distribution of products and services for the oil and gas industry. The company is known for its market focus on providing high-quality tools and equipment used in the exploration and production of hydrocarbons.

YTD Price Performance: 0.35%

Average Trading Volume: 455,990

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £470.9M

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