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Coats Group Awards Share Options to New CFO Focused on Growth and Sustainability

Story Highlights
  • Coats Group granted share options to its new CFO to cover awards forfeited from her previous role.
  • The awards align with performance metrics, emphasizing growth, sustainability, and shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coats Group Awards Share Options to New CFO Focused on Growth and Sustainability

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Coats Group plc ( (GB:COA) ) just unveiled an update.

Coats Group plc has disclosed the grant of several nil-cost share options to its newly appointed Executive Director and CFO, Hannah Nichols. These grants are designed to compensate for awards forfeited due to her transition to Coats and include a Long-Term Incentive Plan tied to performance metrics such as EPS growth, cash conversion, shareholder returns, and sustainability goals, reflecting the company’s commitment to aligning executive incentives with strategic priorities. The announcement underscores Coats’ emphasis on driving sustainable growth, innovation, and shareholder value while ensuring competitive leadership performance in a challenging market environment.

The most recent analyst rating on (GB:COA) stock is a Buy with a £91.00 price target. To see the full list of analyst forecasts on Coats Group plc stock, see the GB:COA Stock Forecast page.

Spark’s Take on GB:COA Stock

According to Spark, TipRanks’ AI Analyst, GB:COA is a Outperform.

Coats Group plc’s overall stock score is driven by solid financial performance and positive corporate events. While the company faces challenges with high leverage, its strategic acquisitions and leadership confidence provide a strong outlook. Technical indicators suggest a stable trend, and valuation metrics indicate fair pricing with a decent dividend yield.

To see Spark’s full report on GB:COA stock, click here.

More about Coats Group plc

Coats Group plc is a UK-based FTSE 250 company that specializes in providing essential materials, components, and software solutions for the apparel and footwear industries. With over 250 years of industry expertise, the firm is a trusted partner in global supply chains, driving innovation, sustainability, and digital transformation to enhance product quality and efficiency. In 2024, Coats reported $1.5 billion in revenue and employed 16,000 people worldwide.

Average Trading Volume: 2,751,583

Technical Sentiment Signal: Buy

Current Market Cap: £1.55B

Find detailed analytics on COA stock on TipRanks’ Stock Analysis page.

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