The latest update is out from Frequentis AG ( (DE:FQT) ).
Frequentis AG has announced its plan to dispose of up to 18,000 of its own shares as part of the Long Term Incentive Plan 2022, subject to the approval of the Supervisory Board. This move aims to allocate shares to the Chairman of the Executive Board, with the actual number of shares dependent on the achievement of specific targets. This decision excludes the general purchasing possibility of shareholders for these shares, potentially impacting shareholder dynamics and aligning executive incentives with company performance.
More about Frequentis AG
Frequentis AG, based in Vienna, Austria, is a global leader in high-tech solutions for Air Traffic Management, supporting both civil and military air traffic control organizations. The company also provides solutions for Public Safety and Transport, serving police, emergency rescue services, fire brigades, railways, coastguards, and port authorities. Frequentis is known for its innovative and sustainable solutions that enhance safety and security in everyday life and safety-critical sectors. With over 2,400 employees, its products and services are used in around 150 countries, and its shares are traded on the Vienna and Frankfurt stock exchanges.
YTD Price Performance: 24.54%
Average Trading Volume: 2,634
Technical Sentiment Signal: Strong Sell
Current Market Cap: €443M
Learn more about FQT stock on TipRanks’ Stock Analysis page.