Petrofac ( (GB:PFC) ) has shared an update.
Petrofac Limited announced that its Chief Financial Officer, Afonso Reis e Sousa, has acquired 11,215 ordinary shares at no cost following the vesting of shares awarded under the Petrofac Deferred Bonus Plan. This transaction reflects the company’s adherence to regulatory requirements and highlights its commitment to aligning managerial interests with shareholder value. The sale of a portion of these shares was conducted to cover tax liabilities, maintaining transparency in financial dealings.
More about Petrofac
Petrofac Limited is a company operating in the oilfield services industry, providing engineering, procurement, construction, and project management services to the oil and gas sector. The company focuses on delivering solutions to enhance the efficiency and sustainability of energy production and infrastructure.
YTD Price Performance: -32.94%
Average Trading Volume: 2,063,492
Technical Sentiment Signal: Strong Buy
Current Market Cap: £29.53M
For an in-depth examination of PFC stock, go to TipRanks’ Stock Analysis page.