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Business Wire
29-04-2025
- Business
- Business Wire
Turkcell Files Its 2024 Annual Report on Form 20-F
ISTANBUL--(BUSINESS WIRE)--Turkcell (NYSE: TKC, BIST: TCELL) announced that it has filed its Annual Report on Form 20-F for the year ended December 31, 2024 with the United States Securities and Exchange Commission on April 29, 2025. The Company's Form 20-F and complete audited financial statements can be found at: Hard copy versions of the complete audited financial statements are available free of charge upon request from Turkcell Investor Relations Department at and/or +90 212 313 1888.
India.com
22-04-2025
- Business
- India.com
Cognizant CEO Ravi Kumar's salary package for 2024 was Rs 1370000000, but he actually got Rs…, due to…
Cognizant CEO Ravi Kumar's target compensation for FY24 was Rs 137 crore ($16.1 million). However, his actual earnings for the year were lower to Rs 70 crore ($8.2 million), according to a filing with the United States Securities and Exchange Commission (US SEC).Though it is 14% higher year-on-year (YoY), his realised salary is far short of the target. According to a Mint report it's mainly due to the performance-linked compensation. Cognizant CEO Salary Breakdown According to report by Mint Rs 137 crore package included: Base Salary: Rs 10.25 crore ($1.2 million), up 20% YoY. Annual Cash Incentive (ACI) Target: Rs 20.49 crore ($2.4 million), up 20% YoY. Performance Share Units (PSUs): Rs 64 crore ($7.5 million), up 9% YoY. Restricted Stock Units (RSUs): Rs 42.68 crore ($5 million), up 9% YoY. Why Was His Salary Lowered? Ravi Kumar's realised pay of Rs 70 crore was less mainly because of the timing of his performance share units (PSUs). These units, valued at Rs 64 crore in his target package, are designed to vest over time and will fulfill only after meeting specific performance criteria in future periods. Here's what the filing stated: 'Mr. Kumar's realised compensation was significantly lower than his target direct compensation primarily because his 2024 PSU grants are scheduled to vest, subject to the satisfaction of performance criteria, in future periods. His 2024 realised compensation consisted principally of his base salary, 2024 ACI award payout at 107.3% of target, and quarterly vestings of RSUs totalling approximately $4.49 million (₹37 crore).' CEO-to-Employee Pay Ratio The filing also stated a CEO-to-median employee pay ratio of 378:1 in FY24. Ravi Kumar earned 378 times the median salary of Cognizant employees globally. As of December 2024, Cognizant employed approximately 3,36,800 people, wherein 2,41,500 employees are in India and 42,800 employees in North America.
Yahoo
07-04-2025
- Business
- Yahoo
ALL INDIVIDUALS WHO PURCHASED COMPASS MINERALS INTERNATIONAL, INC., COMMON STOCK BETWEEN MARCH 2, 2017, AND OCTOBER 22, 2018
COSTA MESA, Calif., April 7, 2025 /PRNewswire/ -- The following statement is being issued by Simpluris, Inc., Fund Administrator for the United States Securities and Exchange Commission, regarding the Compass Minerals International, Inc., Fair Fund and Plan of Distribution. NOTICE OF FAIR FUND DISTRIBUTION PLANIn the Matter of Compass Minerals International, Proceeding File No. 3-21145 For more information, visit The United States Securities and Exchange Commission ("SEC") has settled administrative proceedings (the "Order") against Compass Minerals International, Inc. ("Compass"). In the Order, the Commission found that from 2017 to 2018, Compass made repeated misrepresentations about its plans to reduce costs and about the production levels at its Goderich salt mine in Canada. In addition to these violations, Compass filed materials that did not comply with Generally Accepted Accounting Principles ("GAAP") standards. The SEC found that Compass' statements violated Section 8(A) of the Securities Act, and Section 21C of the Securities Exchange Act. The SEC ordered the Respondents to pay a $12,000,000 civil money penalty to the Commission. The SEC also created a Fair Fund, pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002, so that the penalty collected can be distributed to harmed investors (the "Fair Fund"). The Fair Fund will be paid out according to the Plan of Distribution ("Plan"). A summary of the eligibility criteria and claims process is below. Full details are available at You may also request a copy of the Plan from the Fund Administrator via email at info@ or by calling 866-675-2446. Who is eligible to receive a payment from the Fair Fund? To receive a payment, you must have: purchased Compass common stock between March 2, 2017, and October 22, 2018; approved transactions that calculate to at least $10.00 of Recognized Loss under the Plan; not been an Excluded Party under the Plan; submitted a valid Claim Form. How do I submit a Claim? The easiest way to submit a claim is online at the Compass Fair Fund website: Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time on June 27, 2025. If you are unable to submit a Claim Form online, you may request a copy of the paper Claim Form from the Fund Administrator via email at info@ or by calling 866-675-2446. You may also download a copy of the Claim Form to print from: Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, then received) by June 27, 2025. The Fund Administrator will send a Determination Notice advising each Eligible Claimant who timely submitted a Claim Form of their eligibility determination and will provide a calculation of the claimant's Recognized Loss. The Fund Administrator may consider disputes of an Eligible Claimant's Recognized Loss calculation if timely submitted in accordance with the Plan. This notice is a summary. For more information, View original content: SOURCE Simpluris Inc. Sign in to access your portfolio
Yahoo
21-02-2025
- Automotive
- Yahoo
FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F
Maranello (Italy), February 21, 2025 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2024. The 2024 Sustainability Statement, prepared for the first time in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in the 2024 Annual Report. Ferrari's 2024 Annual Report and annual report on Form 20-F are available under section Investors on Ferrari's corporate website at where they can be viewed and downloaded1. Shareholders may request a hard copy of these materials, which include Ferrari's audited financial statements, free of charge, through the contact below. For further information:Media Relationstel.: +39 0536 949337Email: media@ ______________________1 The 2024 Annual Report, including information concerning The Netherlands as Home Member State, and the annual report on Form 20-F are available on the Company's corporate website ( at and at Attachment FNV 2024 20-F and AR Filing PR 21.2.25 eng
Associated Press
21-02-2025
- Automotive
- Associated Press
FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F
Maranello (Italy), February 21, 2025 - Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2024. The 2024 Sustainability Statement, prepared for the first time in accordance with the requirements from the European Sustainability Reporting Standard (ESRS) on a voluntary basis, is included in the 2024 Annual Report. Ferrari's 2024 Annual Report and annual report on Form 20-F are available under section Investors on Ferrari's corporate website at where they can be viewed and downloaded1. Shareholders may request a hard copy of these materials, which include Ferrari's audited financial statements, free of charge, through the contact below. Media Relations ______________________
