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Range International Limited ( (AU:RAN) ) just unveiled an announcement.
Range International Limited has completed a review of its senior executives’ remuneration, resulting in the issuance of 20 million unvested share appreciation rights (SARs) to CEO Russell Kennett and 17.5 million SARs to President Director Marcus Goldstein. This move aims to align executive interests with shareholders and ensure competitive compensation. The company also plans to introduce a broader Employee Stock Ownership Plan (ESOP) to incentivize key members to achieve business objectives.
More about Range International Limited
Range International Limited is a manufacturer specializing in ‘zero-waste’, 100% upcycled plastic pallets using their proprietary ThermoFusion™ technology. The company operates production lines in East Java, Indonesia, and markets its pallets under the brand Re>Pal™, supplying to Indonesia and the Asia Pacific region.
Technical Sentiment Signal: Buy
Current Market Cap: A$1.88M
For a thorough assessment of RAN stock, go to TipRanks’ Stock Analysis page.