GAM Introduces Share Delivery Plans for Employees and Directors

General de Alquiler de Maquinaria ( (ES:GAM) ) has shared an announcement.

General de Alquiler de Maquinaria, S.A. (GAM) has announced the implementation of share delivery plans for its employees and directors, aimed at aligning their interests with the company’s performance. The Directors’ Share Plan allows directors to receive shares as part of their remuneration, with a limit of 7.5% of their annual fixed remuneration for 2024, increasing to 15% for 2025-2027. The Employees’ Share Plan encourages employee participation by allowing them to purchase shares using a portion of their salary, with a maximum of 650,000 shares available. These initiatives are expected to promote retention and alignment with GAM’s goals, potentially impacting the company’s market positioning and stakeholder engagement.

More about General de Alquiler de Maquinaria

General de Alquiler de Maquinaria, S.A. (GAM) operates in the machinery rental industry, providing equipment leasing services. The company focuses on offering a range of machinery solutions to various sectors, enhancing operational efficiency and productivity.

Average Trading Volume: 19,439

Technical Sentiment Signal: Buy

Current Market Cap: €123.9M

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