NEW YORK, United States (AFP) – A leading activist investor called Wednesday for Royal Dutch Shell to break itself up, bolster its low-carbon investment and return more cash to shareholders. Bemoaning how the Anglo-Dutch giant’s stock valuation has lagged that of oil industry rivals, activist Daniel Loeb called for a “bold strategy” shift from the oil giant as he announced that he took a stake in the company. “Shell has too many competing stakeholders pushing […]
Tag: shareholder
Tesla shareholders back paying Musk billions if stock soars
SAN FRANCISCO, United States (AFP) — Tesla chief Elon Musk will only get paid if the company’s stock soars — but could cash-in to the tune of more than $50 billion if it does, according to a plan approved by shareholders Wednesday. A Tesla spokesperson confirmed that shareholders voted to approve the proposal for a 10-year performance stock award “entirely contingent on achieving market cap and operational milestones that would make Tesla one of the […]





