Destination XL Shareholders Approve Directors and Compensation Plan
Company Announcements

Destination XL Shareholders Approve Directors and Compensation Plan

Destination XL (DXLG) has shared an update.

At Destination XL Group, Inc.’s Annual Meeting, shareholders cast their votes on key proposals, re-electing seven directors to serve until the next meeting. Stockholders gave a thumbs-up to the executive compensation in an advisory vote and approved amendments to the 2016 Incentive Compensation Plan, which included a significant increase in shares for issuance. Additionally, KPMG LLP was ratified as the independent accounting firm for the upcoming fiscal year, signaling strong investor confidence in the company’s governance and financial oversight.

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

Related Articles
TheFlyDestination XL price target lowered to $4 from $6 at DA Davidson
TheFlyDestination XL cuts FY24 sales view to $470M-$490M from $500M
TheFlyDestination XL reports Q2 EPS 4c vs 18c last year
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