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Charles & Colvard ( (CTHR) ) has provided an update.
On March 18, 2025, Charles & Colvard, Ltd. announced amendments to the employment agreements of its President and CEO, Don O’Connell, and CFO, Clint J. Pete, as part of efforts to reduce short-term spending. The amendments involve deferring 25% of Mr. O’Connell’s and 20% of Mr. Pete’s base salaries, with payment deferred until March 15, 2026, a change of control, or at the discretion of the board, starting from March 3, 2025.
More about Charles & Colvard
YTD Price Performance: -31.74%
Average Trading Volume: 18,106
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.98M
See more insights into CTHR stock on TipRanks’ Stock Analysis page.