Synthomer CFO Defers Bonus into Company Shares

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Synthomer CFO Defers Bonus into Company Shares

Synthomer ( (GB:SYNT) ) has shared an announcement.

Synthomer PLC announced that its Chief Financial Officer, Lily Liu, has opted to defer a portion of her 2024 annual cash bonus into shares of the company. This transaction, conducted on the London Stock Exchange, involves 54,990 ordinary shares at a price of £1.1784 each, totaling £64,800.22. This move reflects a strategic decision by the company’s management, potentially indicating confidence in the company’s future performance and aligning executive interests with shareholder value.

More about Synthomer

Synthomer PLC operates in the chemical industry, specializing in the production of polymers and latex products. The company focuses on providing innovative solutions for various sectors, including construction, textiles, and healthcare, positioning itself as a key player in the global chemical market.

YTD Price Performance: -26.46%

Average Trading Volume: 436,170

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £193.7M

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

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