Rio Tinto (LSE:RIO) (GB:RIO) has released an update.
Rio Tinto PLC has issued an initial notification about the award of free shares under the UK Share Plan to top executives, including the Chief Executive, Copper, and the Chief Financial Officer. Each received 65 ordinary shares at a price of £54.57 per share, with the transactions occurring on April 30, 2024, on the London Stock Exchange (XLON). This move is part of the company’s compensation strategy and demonstrates a vested interest of its leadership in the company’s performance.
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