Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Astec ( (ASTE) ) has provided an update.
Astec Industries, Inc. has introduced a new Executive and Key Employee Severance Plan, aimed at providing financial security to key employees if their employment is involuntarily terminated. The plan offers different tiers of severance benefits based on the circumstances of termination, including cash payments, stock awards, and outplacement services, while requiring participants to adhere to a restrictive covenant agreement to qualify for the benefits.
More about Astec
YTD Price Performance: -6.41%
Average Trading Volume: 137,374
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $782.6M
Find detailed analytics on ASTE stock on TipRanks’ Stock Analysis page.
