DOMINION has completed the sale of 3.1 million shares, from its treasury stock, to around 50 of its executives at a price of €3.2 per share.
This initiative is part of the company's strategy to foster the pride of belonging of its team until 2027. DOMINION is committed to converting its “Top 50” into shareholders of the company with the aim of retaining its best talent and making them participate in its results and business growth.
“At DOMINION we always talk about our 4Ds+1: Diversification, Decentralization, Digitalization, Financial Discipline and Sustainable Development. This operation responds to how we understand decentralization in this company, betting on a manager-entrepreneur profile, with autonomy to make decisions and responsible for their income statement” says Mikel Barandiaran, CEO of DOMINION.
Last February we presented the results for 2023, a year in which we reached an organic growth in our sales of 5% and 43% in our net profit compared to the same period in 2022. Specifically, we have registered a turnover of €1,193M and a profit of €44M.
In 2023, we also presented our new Strategic Plan and announced our goal of focusing your business on high-growth activities with higher profitability margins. According to Mikel Barandiaran, “we are advancing in our strategy of simplification and search for greater recurrence, betting on activities with greater added value that allow us to position ourselves as a benchmark in 360 sustainability.”
