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Mitchells & Butlers Grants Conditional Share Awards to Key Personnel

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Mitchells & Butlers Grants Conditional Share Awards to Key Personnel

TipRanks Cyber Monday Sale

The latest update is out from Mitchells & Butlers ( (GB:MAB) ).

Mitchells & Butlers announced the grant of conditional share awards to key directors and personnel under its Short-Term Deferred Incentive Plan. This move aligns with the company’s Remuneration Policy, deferring parts of annual bonuses into share awards for Phil Urban, Tim Jones, and Andrew Freeman. The awards, which will be released in two tranches over the next two years, aim to align the interests of the management with those of shareholders, potentially impacting the company’s operational focus and stakeholder relations positively.

The most recent analyst rating on (GB:MAB) stock is a Hold with a £340.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.

Spark’s Take on GB:MAB Stock

According to Spark, TipRanks’ AI Analyst, GB:MAB is a Outperform.

Mitchells & Butlers’ strong financial performance, characterized by robust revenue growth and improved profitability, is the primary driver of its stock score. The technical analysis indicates a neutral trend, while the valuation suggests the stock is undervalued, offering potential for appreciation. The absence of earnings call data and notable corporate events means these factors do not influence the score.

To see Spark’s full report on GB:MAB stock, click here.

More about Mitchells & Butlers

Mitchells & Butlers plc is a prominent company in the hospitality industry, primarily focusing on operating pubs, bars, and restaurants across the UK. The company is known for its diverse portfolio of brands, catering to a wide range of customer preferences and market segments.

Average Trading Volume: 345,097

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.57B

Find detailed analytics on MAB stock on TipRanks’ Stock Analysis page.

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