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Gentrack Group Ltd ( (AU:GTK) ) has shared an announcement.
Gentrack Group Ltd has announced a resolution for an increase in the cap on non-executive directors’ fees at its upcoming Annual Shareholder Meeting. The Notice of Meeting should have included a summary of a benchmarking assessment by KPMG, which is now provided. The assessment indicated that while the Board Chair’s fee is above the median in comparator groups, the Board Member fee and committee Chair fees are below the median. The aggregate maximum annual remuneration for directors is competitive against the New Zealand Comparator Group but below the median for the Australian Comparator Group.
More about Gentrack Group Ltd
Gentrack Group Ltd operates in the utilities sector, providing services to over 60 energy and water companies globally. With a history spanning over 35 years, Gentrack partners with leading utilities to offer g2.0, an end-to-end product-to-profit solution developed in collaboration with Salesforce and AWS. This solution utilizes low code/no code and composable technology to help utilities quickly launch new propositions, reduce cost-to-serve, and enhance total experience.
YTD Price Performance: -5.00%
Average Trading Volume: 129,154
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.2B
See more data about GTK stock on TipRanks’ Stock Analysis page.
