Inditex and Swedish AP funds crack open dividend vs. pay debate at virus-hit AGMs

Spanish proxy advisor Corporance says crisis builds case to oppose excessive remuneration

Inditex, the listed Spanish clothing firm that owns Zara and other popular fashion brands, announced yesterday that due to the Covid-19 pandemic any decision on dividend payments will be deferred to a later stage ahead of the AGM.

Inditex is one the very few Ibex-35 issuers that h…

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