Vodafone CEO, CFO to Give Up 20% of Share Incentive on Low Stock Price
10 Julio 2019 - 05:47AM
Noticias Dow Jones
By Adria Calatayud
Vodafone Group PLC's (VOD.LN) Chief Executive Nick Read and
Chief Financial Officer Margherita Della Valle have requested a 20%
reduction in their share-incentive awards due to the low value of
the company's share price.
The FTSE 100-listed telecommunications company said Wednesday
this change was requested to reflect the low valuation of its share
price following a reduction over the year.
Vodafone's shares have lost 30% of their value over the past
twelve months.
Shares at 1009 GMT were down 1.2% at 132.24 pence.
Write to Adria Calatayud at
adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
July 10, 2019 06:32 ET (10:32 GMT)
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