Tesco plc (GB:TSCO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Tesco PLC has granted conditional shares to its Executive Directors and Executive Committee members as part of its Long-Term Incentive Plan 2021, with a total value of over £406,000 based on the current share price. These shares will vest in June 2027, contingent on meeting certain performance targets related to earnings per share, free cash flow, and ESG metrics. This move reflects Tesco’s commitment to aligning executive rewards with long-term company performance.
For further insights into GB:TSCO stock, check out TipRanks’ Stock Analysis page.