tiprankstipranks
Reliance Steel’s Strategic Decisions at Annual Shareholder Meeting
Company Announcements

Reliance Steel’s Strategic Decisions at Annual Shareholder Meeting

Don't Miss our Black Friday Offers:

Reliance Steel & Aluminum Company (RS) just unveiled an update.

On May 15, 2024, Reliance, Inc. shareholders gathered for a pivotal Annual Meeting, where they made several key decisions that will shape the company’s future. In a significant move, they voted to extend the 2015 Incentive Award Plan by an additional five years, ensuring it remains effective until 2030. Additionally, they elected nominees to the company’s Board of Directors, approved executive compensation, and ratified KPMG LLP as their independent auditor for the fiscal year 2024. These decisions were made with a notable majority, reflecting strong shareholder support and engagement in the company’s strategic direction.

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

Related Articles
TheFlyReliance price target lowered to $330 from $340 at BMO Capital
TheFlyReliance reports Q3 adjusted EPS $3.64, consensus $3.66
TheFlyReliance sees Q4 adjusted EPS $2.65-$2.85, consensus $3.40
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