Wizz Air Implements AGM-Approved Resolutions Following Shareholder Consultations

Story Highlights
  • Wizz Air’s AGM approved resolutions on remuneration policy and plan amendments.
  • Post-consultation, Wizz Air will implement approved resolutions, aligning management and shareholder interests.
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Wizz Air Implements AGM-Approved Resolutions Following Shareholder Consultations

Wizz Air Holdings ( (GB:WIZZ) ) has issued an update.

Wizz Air Holdings PLC announced the results of its 2024 Annual General Meeting, where all proposed resolutions, including the Directors’ Remuneration Policy and amendments to the Wizz Air Omnibus Plan, were approved by shareholders, albeit with less than the desired percentage of votes. Following shareholder consultations, the company has decided to implement the approved resolutions, confident that the remuneration adjustments align management’s interests with those of shareholders, and will continue engaging on remuneration matters.

More about Wizz Air Holdings

Wizz Air is a prominent player in the aviation industry, operating a fleet of 229 Airbus A320 and A321 aircraft. Known for its low fares and superior service, the airline served 62.8 million passengers in 2024. Wizz Air is listed on the London Stock Exchange and has received numerous accolades for safety, sustainability, and service excellence.

YTD Price Performance: 9.45%

Average Trading Volume: 607,649

Technical Sentiment Signal: Buy

Current Market Cap: £1.63B

See more insights into WIZZ stock on TipRanks’ Stock Analysis page.

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