Sucro Limited (TSE:SUGR) has released an update.
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Sucro Limited plans to issue 134,478 subordinate voting shares to a senior officer to align equity compensation with shareholder interests, pending regulatory approval. The issuance is part of Sucro’s strategy to discontinue its equity appreciation rights plan. This move will ensure better alignment of equity compensation with the company’s growth-oriented vision.
For further insights into TSE:SUGR stock, check out TipRanks’ Stock Analysis page.
