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New Zealand King Salmon CFO Faces Share Forfeiture

New Zealand King Salmon CFO Faces Share Forfeiture

New Zealand King Salmon Investments Ltd. (AU:NZK) has released an update.

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New Zealand King Salmon Investments Ltd. has disclosed that its Chief Financial Officer, Benjamin James Rodgers, experienced a forfeiture of shares amounting to 255,441 ordinary shares under a long-term incentive plan. The forfeiture was due to the hurdle price not being achieved, translating to a consideration value of $373,750. This disclosure highlights the importance of performance metrics in executive incentive plans.

For further insights into AU:NZK stock, check out TipRanks’ Stock Analysis page.

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