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AZEK Company ( (AZEK) ) has issued an update.
The AZEK Company Inc. has introduced a new Executive Severance Plan effective from December 16, 2024, replacing previous severance benefits outlined in executives’ employment agreements. This plan offers severance benefits for executives in cases of qualifying termination, especially in scenarios of company control changes, ensuring financial and health benefits continuity for up to 24 months, depending on the situation.
More about AZEK Company
The AZEK Company Inc. operates in the building products industry, focusing on the production of sustainable, low-maintenance outdoor living products, including decking, railing, trim, and accessories. Their market focus includes providing innovative building solutions that promote environmental sustainability.
YTD Price Performance: 28.03%
Average Trading Volume: 1,424,516
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7B
For detailed information about AZEK stock, go to TipRanks’ Stock Analysis page.
