Smith & Nephew has granted performance and restricted share awards to its Chief Corporate Strategy & Development Officer, Ajay Dhankhar, as part of its incentive strategy to align managerial interests with shareholder value. The awards are based on the company's share price on the London Stock Exchange. The company's strong financial performance and positive earnings call are driving its Outperform rating on TipRanks.
Smith & Nephew plc has recently awarded its Chief Corporate Strategy & Development Officer, Ajay Dhankhar, performance and restricted share awards as part of its incentive strategy to align managerial interests with shareholder value. The awards are based on the company's share price on the London Stock Exchange, with a reference to the closing price of £13.48 between August 6 and 19, 2025.
The performance share awards include 40,005 shares at target vesting (vesting on March 8, 2027, with a performance period from January 1, 2024, to December 31, 2027) and 87,370 shares at maximum vesting (vesting on August 27, 2028, with a performance period from January 1, 2025, to December 31, 2028). The restricted share awards vest in three equal tranches on August 27, 2026, August 27, 2027, and August 27, 2028, each subject to continued employment and satisfactory performance.
These awards are part of Smith & Nephew's broader strategy to enhance executive alignment with shareholder value and long-term company performance. The awards are disclosed in accordance with market-abuse reporting rules and use the LSE closing price reference for valuation context.
Smith & Nephew's recent financial performance, including its positive earnings call, has contributed to its Outperform rating on TipRanks. The company's strong fundamentals, as indicated by its growing return on capital employed (ROCE), have been a key factor in this positive outlook.
The awards are a routine part of Smith & Nephew's long-term incentive program, structured to align executive pay with multi-year performance and retention. This approach is consistent with market practices and regulatory requirements.
References:
[1] https://finance.yahoo.com/news/underlying-return-capital-trends-smith-054037309.html
[2] https://www.stocktitan.net/sec-filings/SNN/6-k-smith-nephew-plc-current-report-foreign-issuer-05f5ce13fd42.html
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