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Old Mutual Awards Forfeitable Shares to Leadership Team

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Old Mutual Awards Forfeitable Shares to Leadership Team

The latest update is out from Old Mutual Ltd. ( (ODMUF) ).

Old Mutual Limited has announced the awarding of forfeitable shares to its directors, company secretary, and prescribed officers as part of its Employee Share Ownership Plan (ESOP) and Long-Term Incentive Plan (LTIP). This move is aimed at aligning the interests of the company’s leadership with its long-term strategic goals, potentially enhancing stakeholder confidence and reinforcing the company’s commitment to sustainable growth.

More about Old Mutual Ltd.

Old Mutual Limited is a prominent financial services company based in South Africa, offering a range of insurance, investment, and savings products. It operates across various markets, focusing on providing comprehensive financial solutions to its clients.

YTD Price Performance: -12.12%

Average Trading Volume: 5,286

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.74B

Learn more about ODMUF stock on TipRanks’ Stock Analysis page.

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