Kier Group PLC - Manchester-headquartered construction firm - Says vote to approve directors’ remuneration report for year to June 30 receives opposition from just shy of 44% of shareholders at annual general meeting. Motion receives backing of 56%.
‘Prior to the AGM, the company engaged with its largest shareholders on directors’ long-term incentives and the remuneration committee will reflect carefully on the points that they have raised. The remuneration committee is commencing its triennial review of the remuneration policy and will continue to engage with as many shareholders as possible during 2023 to understand their views,’ Kier adds.
Current stock price: 59.70 pence
12-month change: down 49%
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