tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Range International Updates Executive Remuneration with Share Rights

Story Highlights
Range International Updates Executive Remuneration with Share Rights

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1