NRW Receives First Strike Against Remuneration Report

MT Newswires Live

2024-11-27

NRW Holdings (ASX:NWH) received a first strike against its report on executive pay, according to a Wednesday filing with the Australian bourse.

More than 26% of shareholders voted against the adoption of the remuneration report at NRW Holdings' annual general meeting, the filing showed. A vote of 25% or more against a remuneration report is considered a strike.

The construction and mining contractor's shares were up nearly 2% in recent Wednesday trade.

Price (AUD): $3.92, Change: $+0.07, Percent Change: +1.82%

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