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PLBY Group ( (PLBY) ) has provided an update.
PLBY Group, Inc. announced retention agreements with its key executive officers to recognize their contributions and motivate their continued employment. These agreements involve granting restricted stock units (RSUs) for shares of the company’s common stock, with provisions for potential conversion to cash payments, contingent on future approvals and retention conditions.
More about PLBY Group
PLBY Group, Inc. operates in the lifestyle and entertainment industry, focusing on products and services that cater to adult entertainment and lifestyle branding. Known for its iconic Playboy brand, the company engages in various business activities including media, licensing, and direct-to-consumer offerings.
YTD Price Performance: 57.00%
Average Trading Volume: 3,072,562
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $140.7M
See more insights into PLBY stock on TipRanks’ Stock Analysis page.