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Nueva Expresión Textil, S.A. Approves New Director Remuneration Policy

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Nueva Expresión Textil, S.A. Approves New Director Remuneration Policy

Nueva Expresion Textil, S.A. ( (ES:NXT) ) has issued an announcement.

Nueva Expresión Textil, S.A. has approved a new remuneration policy for its directors, effective from June 28, 2024, through 2026. The policy, which received overwhelming support at the General Meeting, aims to balance director compensation with company performance and market standards, while promoting sustainable long-term value creation. The policy allows for temporary exceptions to address the company’s long-term interests and viability, reflecting a strategic approach to remuneration in line with industry practices.

More about Nueva Expresion Textil, S.A.

Nueva Expresión Textil, S.A. operates in the textile industry, focusing on creating sustainable long-term value through its remuneration policies. The company aligns its director remuneration with market standards and shareholder interests, ensuring compliance with corporate governance recommendations.

YTD Price Performance: 0.81%

Average Trading Volume: 417,407

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €149.2M

See more data about NXT stock on TipRanks’ Stock Analysis page.

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