Hovnanian Enterprises Enhances Incentives and Approves Auditor

Hovnanian Enterprises Inc (HOV) has shared an update.

Hovnanian Enterprises, Inc. successfully conducted its 2024 Annual Meeting, where stockholders approved key proposals including the Third Amended and Restated 2020 Stock Incentive Plan, which expands the stock reserve for future grants. The plan, endorsed by the Board of Directors and the Compensation Committee, is set to enhance equity-based incentives for employees. Additionally, stockholders ratified the appointment of Deloitte & Touche LLP as the independent auditor and backed amendments to the executive compensation and Stockholder Rights Plan.

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