iRobot ( (IRBT) ) has provided an announcement.
On March 26, 2025, iRobot Corporation’s Board of Directors approved cash retention bonuses for its executive officers to ensure their continued employment through the end of the year as part of a strategic review of business alternatives. Additionally, an Executive Sale Bonus Plan was approved, allowing executives to receive bonuses based on the proceeds from a potential sale event, highlighting the company’s efforts to retain key leadership during a period of strategic evaluation.
More about iRobot
iRobot Corporation operates in the robotics industry, primarily focusing on designing and manufacturing robotic vacuum cleaners and other automated home cleaning devices. The company is known for its innovative technology and market leadership in the home robotics sector.
YTD Price Performance: -66.04%
Average Trading Volume: 2,564,521
Technical Sentiment Signal: Strong Buy
Current Market Cap: $82.7M
Learn more about IRBT stock on TipRanks’ Stock Analysis page.