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Inmocemento Outlines Conservative Director Pay Policy for 2024–2026

Story Highlights
  • Inmocemento approves a mixed director pay policy combining profit-based remuneration and attendance fees.
  • The sole executive director receives only standard board fees, with no extra executive pay or share-linked incentives.
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Inmocemento Outlines Conservative Director Pay Policy for 2024–2026

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INMOCEMENTO SA ( (ES:IMC) ) has provided an announcement.

Inmocemento, S.A. has detailed its director remuneration policy for 2024 to 2026, confirming a mixed system that combines a share in net profits with attendance fees for board and committee meetings. The company states that the policy aims to ensure competitive, market-based compensation, is reviewed periodically by its Appointments and Remuneration Committee, and complies with Spanish corporate law and its internal regulations.

The company clarifies that its sole executive director, Pablo Colio Abril, will only receive the same remuneration as other directors in their capacity as such, with no additional pay for executive functions despite the bylaws allowing such components. The policy excludes variable pay linked to Inmocemento’s share price for non-executive directors, includes directors’ civil liability insurance, and has been prepared and proposed by the Appointments and Remuneration Committee for approval by the board.

The most recent analyst rating on (ES:IMC) stock is a Hold with a EUR4.00 price target. To see the full list of analyst forecasts on INMOCEMENTO SA stock, see the ES:IMC Stock Forecast page.

More about INMOCEMENTO SA

Inmocemento, S.A. is a listed Spanish public limited company based in Barcelona. The group operates under a corporate governance structure that includes a board of directors and internal committees, with a defined framework for director remuneration aligned to peer companies of similar size and activity in its sector.

Average Trading Volume: 21,342

Technical Sentiment Signal: Buy

Current Market Cap: €1.85B

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

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