Accenture Shareholders Approve Incentive Plan Amendments

Accenture (ACN) has released an update to notify the public and investors about its officers.

Accenture plc held its 2024 annual general meeting where shareholders approved the amendments and restatements of the company’s 2010 Share Incentive Plan and Employee Share Purchase Plan, both of which had already received Board approval. The revised Share Incentive Plan now authorizes an additional 14 million shares, prohibits reload option grants, and updates recoupment provisions to align with Accenture’s clawback policies. The updated Employee Share Purchase Plan authorizes an additional 45 million shares and extends the plan until December 13, 2033. Details of these amendments are described in Accenture’s proxy statement filed with the SEC.

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For a comprehensive understanding of the announcement, you can read the full document here.