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An update from National Fuel Gas Company (NFG) is now available.
National Fuel Gas Company’s stockholders have greenlighted an expansion to their equity compensation plan, increasing available shares and extending the plan’s life by a decade. This move streamlines the plan by removing outdated tax-related provisions and integrating a clause for potential compensation recovery. In the same stride, the company’s board has been reshuffled with the election of 11 directors, and executive compensation received backing in a non-binding vote. Additionally, the board has announced a new share repurchase initiative, replacing a previous program from 2008, alongside a regular quarterly dividend, signaling confidence in the company’s financial stability and a commitment to shareholder value.
See more data about NFG stock on TipRanks’ Stock Analysis page.
