tiprankstipranks
Trending News
More News >

ABM Industries Approves 2025 Equity and Stock Plans

Story Highlights
  • ABM Industries approved an amended compensation plan, increasing share issuance to 6,400,000.
  • The 2025 Employee Stock Purchase Plan was approved, offering a 5% discount to employees.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ABM Industries Approves 2025 Equity and Stock Plans

An announcement from ABM Industries ( (ABM) ) is now available.

At the Annual Meeting on March 26, 2025, ABM Industries’ stockholders approved the amended 2021 Equity and Incentive Compensation Plan, increasing the authorized shares for issuance by 2,425,000 to a total of 6,400,000. This plan allows for various cash and equity awards to employees, directors, and consultants, with a focus on performance metrics such as stockholder return and operational efficiency. Additionally, the 2025 Employee Stock Purchase Plan was approved, allowing employees to purchase shares at a 5% discount, replacing the 2004 plan. The meeting also saw the election of directors, approval of executive compensation, and ratification of KPMG LLP as the independent auditor for 2025.

More about ABM Industries

ABM Industries Incorporated operates in the facility services industry, providing integrated facility solutions including janitorial, electrical & lighting, energy solutions, facilities engineering, HVAC & mechanical, landscape & turf, and parking. The company focuses on delivering comprehensive services to a wide range of industries including aviation, education, healthcare, and manufacturing.

YTD Price Performance: -6.46%

Average Trading Volume: 406,410

Technical Sentiment Signal: Hold

Current Market Cap: $2.96B

See more data about ABM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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