logo
Plus   Neg
Share
Email

Ryanair: Shareholders Approve All Resolutions At AGM

Ryanair Holdings plc (RYA.L,RYAAY) announced Thursday that its shareholders approved all resolutions presented during its Annual General Meeting.

The Remuneration Report was passed with 50.5 percent of votes.

The bonus scheme for Chief Executive Michael O'Leary reportedly could earn him around 100 million euros. Under the scheme, O'Leary needs to either double the profitability or share price of the company within five years.

A Ryanair spokesperson said, "Ryanair is, and will continue to, consult with its shareholders, and we will report back to them over the coming year on how the Board will adapt its decision making to reflect their advice and input on all these topics."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Panera Bread Co. is launching a new subscription program that will allow customers to drink unlimited coffee and tea. The new program of $8.99 per month launches Thursday and covers hot coffee, iced coffee and hot tea. With the introduction of the subscription, Panera becomes the first national restaurant company to offer unlimited hot drip coffee, iced coffee and hot tea for $8.99 per month. Best Buy Co. Inc. (BBY) Thursday reported a fourth-quarter profit that increased 1.4 percent from last year, while, J. C. Penney Co.'s (JCP) quarterly profit dropped 64 percent. However, the results of the companies topped analysts' estimates. Safavieh LLC recalled about 760 units of Aura and Silas 3-Drawer Chests for possible serious tip-over and entrapment hazards that can result in death or injuries to children, the U.S. Consumer Product Safety Commission said in a statement. The company said the chests are unstable if they are not anchored to the wall.
Follow RTT
>