tiprankstipranks
Post Holdings Enhances Compensation and Redeems Senior Notes
Company Announcements

Post Holdings Enhances Compensation and Redeems Senior Notes

Pick the best stocks and maximize your portfolio:

Post Holdings ( (POST) ) has provided an update.

Post Holdings, Inc. is set to enhance its executive compensation strategy with the approval of stock-based awards, including restricted stock units and performance-based units, under its amended 2021 Long-Term Incentive Plan. Additionally, the company announced plans to redeem $464.9 million of its 5.625% senior notes due 2028, funded by cash reserves bolstered by a recent $600 million issuance of 6.25% senior notes due 2034. These strategic financial moves aim to strengthen Post’s market position and shareholder value.

For detailed information about POST stock, go to TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App