Florentino Pérez Pocketes 23 Million with the Sale of ACS Shares of the Incentive Plan
10 Articles
10 Articles
El Periódico
The multi-annual remuneration plan allows managers to sell shares immediately after exercising the options, without obligation to keep them in portfolio
The president of ACS, Florentino Pérez, has pocketed a capital gain of 23 million with the sale of a package of shares that he had received as part of the long-term incentive plan approved by the company in 2023. Specifically, the entrepreneur has been released from 295,000 shares from that plan, on which he weighed a purchase option at 31.55 euros each, price at which those securities were quoted when the program came into effect. Thus, the ent…
Florentino Pérez, president and main shareholder of ACS, has obtained a surplus value of 23 million euros after selling shares from an incentive plan approved in 2023. In addition, it has increased its participation in the construction company to 15,015%, valued at 4,540 million euros. These movements not only reflect the economic power of its figure, but can also influence the dynamics of the business sector and the Spanish economy.Who are invo…
Florentino Pérez has pocketed 23 million by selling ACS shares of its incentive plan. The operation, advanced by Expansión, reopens a recurring debate: the remuneration of the councillors in the Spanish listed companies. The president of ACS has executed part of the package of shares that he received within the variable remuneration system linked to the performance of the group. The sale, confirmed by CNMV records, takes place shortly after the …
Pérez had not implemented the options because the regulation imposed a mandatory exclusion period of three years since its granting
Pérez had not been able to implement these options before because the plan regulation imposed a mandatory exclusion period of three years since its granting in July 2023. Read
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