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An announcement from Kaiser Aluminum ( (KALU) ) is now available.
Kaiser Aluminum announced the approval of a Key Employee Severance Benefit Plan to streamline severance protections for key employees, replacing individual agreements for certain executive officers. The plan provides predetermined payments in qualifying termination events and aims to consolidate severance arrangements, excluding the CEO, potentially impacting stakeholder agreements and executive compensation structures.
More about Kaiser Aluminum
Kaiser Aluminum Corporation operates in the aluminum industry, focusing on the production and sale of semi-fabricated specialty aluminum products. Its market focus includes aerospace, automotive, and industrial applications.
YTD Price Performance: 15.86%
Average Trading Volume: 141,409
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.27B
For a thorough assessment of KALU stock, go to TipRanks’ Stock Analysis page.
