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MRC Global Awards Performance Stock Units to Executives
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MRC Global Awards Performance Stock Units to Executives

Mrc Global Inc. (MRC) has released an update.

MRC Global Inc. has awarded its executive officers performance stock units under their Omnibus Incentive Plan, offering the potential to earn up to 200% of the targeted amount based on the company’s shareholder return performance relative to industry benchmarks over four years. The units will vest at the end of this period if the executives remain employed, with the highest number granted to the CEO, Robert J. Saltiel. This incentive aligns leadership’s interests with shareholder value and long-term company performance.

For further insights into MRC stock, check out TipRanks’ Stock Analysis page.

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