RPC Inc (RES) has shared an update.
During RPC, Inc.’s annual stockholder meeting on April 23, 2024, a new 2024 Stock Incentive Plan was approved, empowering the company’s committee to grant equity compensation to key personnel. Additionally, stockholders elected three Class II Nominees to the Board, ratified Grant Thornton LLP as the independent accounting firm for the upcoming fiscal year, and voted on the Stock Incentive Plan, with the majority in favor and a notable number of votes against. These decisions mark significant governance and strategic compensation developments for the company’s future.
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