Key Insights
- Aurora Cannabis to hold its Annual General Meeting on 9th of August
- Salary of CA$773.6k is part of CEO Miguel Martin’s total remuneration
- The overall pay is 439% above the industry average
- Aurora Cannabis’ three-year loss to shareholders was 91% while its EPS grew by 76% over the past three years
In the past three years, the share price of Aurora Cannabis Inc. (TSE:ACB) has struggled to grow and now shareholders are sitting on a loss. Despite positive EPS growth in the past few years, the share price hasn’t tracked the fundamental performance of the company. The AGM coming up on the 9th of August could be an opportunity for shareholders to bring these concerns to the board’s attention. They could also influence management through voting on resolutions such as executive remuneration. Here’s our take on why we think shareholders may want to be cautious of approving a raise for the CEO at the moment.
