Suzano Papel E Celulose (SUZ) has released an update.
Suzano S.A. has announced a new Phantom Shares Plan, offering selected employees a cash-settled incentive based on the company’s share performance, aiming to align their interests with those of the company and its shareholders. The plan excludes the granting of actual shares or shareholder rights, focusing instead on financial rewards tied to the company’s value generation. Management of the plan falls to the Board of Directors, with adjustments to the program allowed to ensure fairness and reflect corporate changes without diluting or affecting the beneficiary rights.
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