Rio Tinto (GB:RIO) has released an update.
Rio Tinto has announced the acquisition of shares by key management personnel (KMPs) under its global and UK employee share plans, ‘myShare’ and ‘UKSP’, respectively. The transactions, dated 17 July 2024, involved the purchase of shares and the awarding of an equivalent number of matching shares after a three-year holding period. This move aligns the interests of the management with those of the shareholders and demonstrates confidence in the company’s value.
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