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Acerinox Approves New Director Remuneration Policy

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Acerinox Approves New Director Remuneration Policy

Acerinox ( (ES:ACX) ) has issued an update.

Acerinox has approved a new remuneration policy for its directors, effective from 2024 to 2027, following a general shareholders’ meeting. The policy, aimed at aligning with industry standards and retaining executives, includes specific remuneration amounts for board membership, committee roles, and executive functions, with a maximum annual cap of 2.2 million euros for all directors.

More about Acerinox

Acerinox, S.A. operates in the steel industry, primarily focusing on the production and distribution of stainless steel products. The company is a significant player in the global market, known for its high-quality steel offerings.

YTD Price Performance: 19.91%

Average Trading Volume: 88,278

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.64B

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

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