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Land Dev Aligns Director Compensation with External Director Standards

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Land Dev Aligns Director Compensation with External Director Standards

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Land Dev ( (IL:ILDC) ) has shared an announcement.

Land Dev has announced a board-approved compensation policy aligning the salaries of its directors, including those among the controlling shareholders, with the maximum amount paid to external directors as per the Companies Regulations. This move, in accordance with the company’s compensation policy established in June 2023, ensures that director compensation does not exceed that of external directors, reflecting a commitment to equitable remuneration practices.

More about Land Dev

YTD Price Performance: -6.63%

Average Trading Volume: 44,496

Current Market Cap: ILS1.44B

Find detailed analytics on ILDC stock on TipRanks’ Stock Analysis page.

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