Tesco plc (GB:TSCO) has released an update.
Tesco PLC has announced a significant grant of conditional shares to its Executive Directors and Executive Committee under the Long-Term Incentive Plan 2021, with vesting dependent on meeting set performance targets by June 2027. Additionally, certain executives sold shares while others received net shares after withholding for tax purposes. The transactions, part of the company’s long-term incentive strategy, reflect Tesco’s commitment to aligning the interests of its leadership with those of its shareholders.
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