An announcement from Orion Group Holdings (ORN) is now available.
Orion Group Holdings, Inc. successfully conducted its 2024 Annual Meeting, where stockholders voted in favor of significant proposals, including the approval of the Employee Stock Purchase Plan (ESPP) and an amendment to the 2022 Long-Term Incentive Plan (LTIP). The ESPP allows employees to buy company stock at a discounted rate, with a cap of 1 million shares, while the LTIP amendment increases available shares for equity-based awards. Additionally, the meeting saw the retirement of long-serving board member Mr. Richard Daerr, Jr., reducing the board size, and the election of new board members. Other key approvals included executive compensation and the ratification of the company’s independent accounting firm.
For detailed information about ORN stock, go to TipRanks’ Stock Analysis page.
