This is the 1478th most frequent Spanish word.
reconocido
Recognized; acknowledged.
Here, 'reconocido' is used as an adjective describing the actor, denoting that he is well-known or celebrated for his abilities.
El actor es muy reconocido por su talento en las películas de acción.
The actor is very recognized for his talent in action movies.
In this case, 'reconocido' refers to being acknowledged or formally credited for an accomplishment or action.
Juan fue reconocido por su esfuerzo al organizar el evento.
Juan was acknowledged for his effort in organizing the event.
'Reconocido' is again functioning as an adjective, indicating that the company has been acknowledged or distinguished on an international level.