Rio Tinto Limited (AU:RIO) has released an update.
Key Management Personnel at Rio Tinto Limited have participated in the company’s share plans, acquiring and being awarded matching shares through both the Global Employee Share Plan and the UK Share Incentive Plan on July 17, 2024. Employees bought shares from their salary deductions and received an equivalent number of shares for free, which are subject to a three-year holding period. This strategic move aligns management’s interests with those of shareholders and reflects confidence in the company’s long-term performance.
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