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Frontline plc Grants Synthetic Options to Management and Employees

Story Highlights
  • Frontline plc has granted 362,284 synthetic options to its management and employees.
  • The options are part of a scheme to align management incentives with company performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Frontline plc Grants Synthetic Options to Management and Employees

Confident Investing Starts Here:

The latest update is out from Frontline ( (FRO) ).

Frontline plc has announced the grant of 362,284 synthetic options to its management and employees, with a five-year term expiring in 2030. These options will vest in three equal parts over the next three years and are settled in cash based on the market price difference at the time of exercise. This strategic move is part of Frontline’s synthetic option scheme, aiming to align management incentives with company performance, potentially impacting market perceptions and stakeholder interests.

The most recent analyst rating on (FRO) stock is a Buy with a $345.00 price target. To see the full list of analyst forecasts on Frontline stock, see the FRO Stock Forecast page.

More about Frontline

Average Trading Volume: 3,046,319

Technical Sentiment Signal: Buy

Current Market Cap: $4.08B

For a thorough assessment of FRO stock, go to TipRanks’ Stock Analysis page.

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