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VSE ( (VSEC) ) has issued an announcement.
VSE Corporation has amended and restated the employment agreement with its CEO, John A. Cuomo, securing his position until 2028 with a lucrative compensation package including salary, bonuses, and stock options. Additionally, VSE announced a quarterly cash dividend of $0.10 per share, highlighting its continued commitment to shareholder returns.
More about VSE
VSE Corporation is a leading provider of aftermarket distribution and repair services, operating through its Aviation and Fleet segments. The Aviation segment offers aftermarket parts distribution and maintenance, repair, and overhaul services for aviation operators, while the Fleet segment focuses on parts distribution, engineering solutions, and supply chain management for the medium and heavy-duty fleet market.
YTD Price Performance: 69.33%
Average Trading Volume: 216,798
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.23B
Learn more about VSEC stock on TipRanks’ Stock Analysis page.
