tiprankstipranks
Company Announcements

Tubacex Announces Director Remuneration Policy for 2024-2026

Story Highlights
Tubacex Announces Director Remuneration Policy for 2024-2026

Tubacex ( (ES:TUB) ) has issued an announcement.

Tubacex has announced its remuneration policy for directors for the years 2024 to 2026, following approval at the Ordinary General Shareholders’ Meeting in May 2023. The policy emphasizes proportionality, moderation, and alignment with the company’s long-term interests, aiming to balance fixed and variable remuneration to avoid excessive risk-taking. This approach is designed to attract and retain highly skilled directors while ensuring transparency and competitiveness in line with market trends and corporate governance recommendations.

More about Tubacex

Tubacex, S.A. operates in the industrial sector, focusing on the production of seamless stainless steel and high-nickel alloy tubes. The company is known for its advanced solutions in the energy, oil and gas, and petrochemical industries, aiming to meet the demands of these markets with high-quality products.

YTD Price Performance: 18.39%

Average Trading Volume: 2,901

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €456M

Learn more about TUB stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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