Netgear (NTGR) has released an update.
NETGEAR, Inc. has launched its 2024 Inducement Equity Incentive Plan, earmarking 2 million shares of common stock to attract new talent. This strategic move aims to offer stock awards to new employees and directors as an incentive for joining the company, a practice in line with Nasdaq’s guidelines. This plan, greenlit by the company’s independent board members, offers a competitive edge in the hiring marketplace without requiring shareholder approval.
For further insights into NTGR stock, check out TipRanks’ Stock Analysis page.
