Wheaton Precious Metals Awards New Equity Incentives and Issues Shares to Employees
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Wheaton Precious Metals ( (TSE:WPM) ) is now available.
Wheaton Precious Metals has granted 13,510 restricted share units, 10,880 performance share units and 24,170 stock options under its long-term incentive plans, with vesting schedules extending over three years and a performance period running to March 2029. The company has also issued and allotted 9,294 common shares following the exercise of vested incentives by employees, and is seeking admission of these new shares to trading on the London Stock Exchange, signalling continued use of equity-based compensation and a modest expansion of its listed share capital.
Several senior insiders, including directors George Brack, Jaimie Donovan and Chantal Gosselin, as well as president Haytham Hodaly, participated through grants of restricted share units, stock options and related share issuances and sales. These transactions, disclosed under Market Abuse Regulation requirements, underscore alignment of management remuneration with shareholder interests while slightly increasing free float across Wheaton’s multiple trading venues.
More about Wheaton Precious Metals
Wheaton Precious Metals Corp. is a precious metals company focused on streaming agreements that provide it with the right to purchase silver and gold production from a portfolio of mining assets. Its shares are listed on the Toronto Stock Exchange, the New York Stock Exchange and are also traded in London, giving it broad access to North American and U.K. capital markets.
Learn more about WPM stock on TipRanks’ Stock Analysis page.
