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Silynxcom Ltd. Introduces New Compensation Policy for Office Holders

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An update from Silynxcom Ltd. ( (SYNX) ) is now available.

Silynxcom Ltd. has announced the approval of a compensation policy for its office holders, effective from January 2024, which will span five years with subsequent three-year renewals. This policy aims to align with the company’s long-term goals, incentivize office holders appropriately, and ensure compliance with applicable laws. The policy includes components such as basic salary, social benefits, variable cash compensation, and equity-based compensation. It also outlines parameters for assessing the compensation terms, considering factors like the office holder’s role, contribution to company goals, and market conditions.

More about Silynxcom Ltd.

YTD Price Performance: -3.32%

Average Trading Volume: 19,469

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $18.32M

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

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