Micro Focus: Transaction-based award resulting in excessive pay

AGM Update: Following the 29 March AGM, Micro Focus disclosed that the Remuneration Report was defeated with a 50.4% vote against – on a non-binding basis.   Shareholders have become accustomed to the concept of pay for performance, but pay for transactions rarely attract the same level of scrutiny. Micro Focus International plc (LON: MCRO) […]

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