tiprankstipranks
Estée Lauder Amends Share Plan and Holds Annual Meeting
Company Announcements

Estée Lauder Amends Share Plan and Holds Annual Meeting

Pick the best stocks and maximize your portfolio:

The Estée Lauder Companies ( (EL) ) just unveiled an announcement.

The Estée Lauder Companies Inc. made key amendments to its Share Incentive Plan, increasing available Class A shares by 12 million and revising vesting rules for benefits. The plan now includes ‘double trigger’ vesting upon a change in control and removes individual share caps for participants. Additionally, the term of the plan extends to 2034. During the annual stockholders meeting, the election of directors and approval of executive compensation and independent auditors were ratified.

For detailed information about EL stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyEstee Lauder price target raised to $80 from $75 at Deutsche Bank
Joshua EnomotoThe Market is Flashing a ‘Buy’ Sign on Estee Lauder (EL) Stock
TipRanks Auto-Generated NewsdeskRichard Parsons Retires from Estée Lauder Board
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App