Previous close | 4.1480 |
Open | 3.9870 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 3.9870 - 3.9870 |
52-week range | 3.9600 - 11.4000 |
Volume | |
Avg. volume | 1 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 16 July 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
At the firm’s annual general meeting, it said 19.43% of shareholder votes were made against the pay deal.
The chairman of Ocado has insisted that plans to pay its founder Tim Steiner a bonus worth up to £14.8m are fair, despite a shareholder backlash against the proposals.
Some 19% of votes cast at Ocado's annual shareholder meeting on Monday opposed the online grocer and technology group's proposed new pay policy that could see boss Tim Steiner pick up a bonus share award of up to 15 million pounds ($19 million). The FTSE 100 group, which sells its robotic technology to retailers around the world and also has an online supermarket joint venture with Marks & Spencer, put forward a new remuneration policy and performance share plan as its previous scheme comes to an end this year. According to a stock market filing from Ocado, 19.43% of votes cast at the meeting opposed the remuneration policy and 19.38% of votes cast opposed the group's 2024 performance share plan.