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The latest update is out from Clear Channel Outdoor Holdings (CCO).
Clear Channel Outdoor Holdings, Inc. has awarded one-time performance-based restricted stock units (PSUs) to its executive officers under the 2024 Plan, contingent on stock price performance hurdles over a four-year period starting May 31, 2024. These PSUs, designed to align executive interests with shareholder value, vest in increments based on stock price increases of 60%, 108%, and 172% from the base price of $1.56. The overall executive compensation program, which includes a variety of incentive awards, was approved by the stockholders at the Annual Meeting, along with the election of directors, executive compensation advisory resolutions, and other proposals.
See more insights into CCO stock on TipRanks’ Stock Analysis page.
