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MBIA Approves $10M Retention Awards for Executives
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MBIA Approves $10M Retention Awards for Executives

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An update from MBIA ( (MBI) ) is now available.

On February 11, 2025, MBIA Inc.’s Board of Directors approved special cash retention awards totaling $10,175,000 for four executive officers under its Omnibus Incentive Plan. These awards aim to retain the executives crucial for managing the company’s runoff portfolios and ensuring shareholder value through 2028. The vesting of these awards is contingent upon continued employment until 2028, with conditions for early vesting in case of a qualifying termination.

More about MBIA

MBIA Inc. operates within the financial industry, specializing in providing insurance services through its subsidiaries, National Public Finance Guarantee Corp. and MBIA Insurance Corporation. The company focuses on managing insured portfolios in runoff, emphasizing loss mitigation, claim recovery, and maintaining liquidity.

YTD Price Performance: 3.48%

Average Trading Volume: 562,736

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $364.4M

For a thorough assessment of MBI stock, go to TipRanks’ Stock Analysis page.

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