He was also facing an issue that the market value of his shares was less than his annual board fee.
Woodside has a minimum shareholding policy of 100% of share value based on purchase price compared to annual board fee.
He was paid $840k last year according to annual report. His 26k shares he held before this was worth about $700k. That doesn't look good.
So it looks like his hand partly being forced here by company policy.
He was also facing an issue that the market value of his shares...
Add WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$24.07 |
Change
-0.180(0.74%) |
Mkt cap ! $45.70B | |||
| Open | High | Low | Value | Volume |
| $24.27 | $24.29 | $24.07 | $110.5M | 4.582M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5905 | $24.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.10 | 10733 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WDS (ASX) Chart |