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Etsy ( (ETSY) ) has provided an update.
Etsy’s Board of Directors has approved the 2024 Inducement Plan, reserving 1,000,000 shares of common stock for issuance to new employees or rehired individuals as a material inducement for employment. The plan requires approval from a majority of Independent Directors or the Compensation Committee, aligning with Nasdaq’s exemption rules, and follows terms similar to the existing 2024 Equity Incentive Plan.
More about Etsy
Etsy, Inc. operates in the e-commerce industry, primarily offering an online marketplace for handmade, vintage items, and craft supplies, focusing on unique and creative goods.
YTD Price Performance: -27.23%
Average Trading Volume: 4,026,884
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.63B
For a thorough assessment of ETSY stock, go to TipRanks’ Stock Analysis page.
