ITM Power Executives Participate in Share Incentive Plan

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ITM Power Executives Participate in Share Incentive Plan

The latest announcement is out from ITM Power ( (GB:ITM) ).

ITM Power PLC announced the participation of its Executive Directors in the company’s Buy as You Earn (BAYE) Share Incentive Plan. Under this plan, employees can purchase shares monthly, with the company matching their purchases on a one-for-one basis. For March 2025, both Simon Bourne, Chief Technology Officer, and Dennis Schulz, Chief Executive Officer, acquired 528 shares each, which were matched by the company, resulting in a total of 1,056 shares for each executive. This initiative reflects ITM Power’s commitment to aligning management interests with those of its shareholders, potentially enhancing stakeholder confidence and reinforcing the company’s market position.

More about ITM Power

ITM Power PLC operates in the renewable energy sector, specializing in the production of hydrogen energy solutions. The company focuses on developing and manufacturing integrated hydrogen energy systems for energy storage and clean fuel production.

YTD Price Performance: -20.56%

Average Trading Volume: 2,461,841

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £175.1M

For detailed information about ITM stock, go to TipRanks’ Stock Analysis page.

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