Weir Group PLC Announces Share Vesting for CFO

Story Highlights
Weir Group PLC Announces Share Vesting for CFO

Weir Group plc (The) ( (GB:WEIR) ) has issued an update.

The Weir Group PLC announced the vesting of restricted share awards granted to its Chief Financial Officer, Brian Puffer, under the company’s Share Reward Plan. These shares, awarded to compensate for incentives forfeited upon his departure from bp plc, were vested and released on March 31, 2025, with a portion sold to cover tax liabilities. This transaction reflects the company’s ongoing commitment to aligning executive compensation with shareholder interests, potentially impacting its financial strategies and stakeholder relations.

More about Weir Group plc (The)

The Weir Group PLC operates in the engineering industry, specializing in the provision of innovative engineering solutions, primarily focusing on mining and infrastructure markets. The company is known for its advanced engineering products and services that enhance productivity and efficiency for its clients.

YTD Price Performance: 6.23%

Average Trading Volume: 706,569

Technical Sentiment Signal: Sell

Current Market Cap: £6.11B

See more insights into WEIR stock on 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