Garmin (GRMN) has shared an update.
Garmin Ltd. successfully amended its Equity Incentive Plan, increasing the number of shares for incentives, and its shareholders voted in favor of key proposals during the annual general meeting on June 7, 2024. Shareholders endorsed the 2023 Annual Report, agreed to a dividend payment of $3.00 per share, and approved the re-election of board members and executive compensation. Additionally, Garmin announced the schedule for the payment of approved dividends, beginning with the first installment on June 28, 2024.
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