Overview
- Shareholders ratified Josep Maria Recasens as CEO and Ángel Simón as chairman and approved a 20% dividend rise to €0.30 per share.
- The company reduced the new CEO’s fixed total pay by about 23% to €816,500 and capped pension contributions at 15% of base salary to address investor concerns over generous pensions.
- Short-term variable pay remains intact with potential payment of up to 200% of base salary and 30% of any bonus paid in shares while a 2026–2030 mid-term incentive could deliver nearly 93,000 shares if targets are met.
- The AGM fixed the board at 14 members with half classified as independent, approved Amber Capital’s board representative, and saw a minority shareholder publicly demand the chairman’s resignation citing government influence.
- Indra confirmed active talks with Santa Bárbara to form a joint venture for land-military projects as part of a deliberate move toward consolidation in Europe’s defence sector and pledged to publish a new strategic plan before the end of the year.