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Tecnicas Reunidas Details Director Remuneration Policy Amid Regulatory Compliance

Story Highlights
  • Tecnicas Reunidas sets director remuneration through a structured policy involving key company bodies.
  • Variable remuneration for executive directors is suspended to comply with regulatory conditions.
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Tecnicas Reunidas Details Director Remuneration Policy Amid Regulatory Compliance

The latest announcement is out from Tecnicas Reunidas ( (ES:TRE) ).

Tecnicas Reunidas has outlined its remuneration policy for directors, which is determined by the General Shareholders’ Meeting with inputs from the Appointments and Remuneration Committee and the Board of Directors. The policy includes fixed and variable components, although the variable remuneration for executive directors is currently suspended due to compliance with specific regulatory conditions. This policy reflects the company’s commitment to aligning with best corporate governance practices and maintaining transparency in its remuneration processes.

More about Tecnicas Reunidas

Tecnicas Reunidas, S.A. operates in the engineering and construction industry, focusing on the design and management of industrial facilities, particularly in the oil and gas, petrochemical, and power generation sectors. The company is known for its expertise in executing complex projects worldwide, catering to a diverse range of clients in the energy sector.

YTD Price Performance: 38.56%

Average Trading Volume: 2,541

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.21B

For detailed information about TRE stock, go to TipRanks’ Stock Analysis page.

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