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BCS Barclays PLC

10.41
0.12 (1.17%)
Pre Market
Last Updated: 13:12:55
Delayed by 15 minutes
Name Symbol Market Type
Barclays PLC NYSE:BCS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.12 1.17% 10.41 3,641 13:12:55

Barclays's Directors Remuneration Report Passed at AGM Despite Adviser's Pressure

04/05/2022 5:40pm

Dow Jones News


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By Sabela Ojea

 

Barclays PLC said Wednesday that the resolution to approve its directors' remuneration report passed with a 89.03% vote count at its general meeting.

The FTSE 100 listed bank's investors had been recommended to oppose the policy by major adviser Pirc on concerns over the pay of its highest paid director last year, the group finance director Tushar Morzaria, according to a report published by Financial News earlier on Wednesday.

Financial News is owned by News Corp, the parent company of the Wall Street Journal and Dow Jones Newswires.

Barclays's remuneration report is for the year ended Dec. 31.

The lender also said that the resolution to approve the lender's climate strategy, targets and progress for 2022 only got the support of 80.81% of the vote count.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

May 04, 2022 12:25 ET (16:25 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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