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Enerpac Tool Group ( (EPAC) ) has issued an announcement.
Enerpac Tool Group corrected an error in their filed Performance Share Award Agreements under their 2017 Omnibus Incentive Plan, applicable to awards starting in 2024. The revised agreements now include double-trigger provisions for vesting upon a change in control, enhancing the conditions for performance share awards.
More about Enerpac Tool Group
Enerpac Tool Group is a company operating in the industrial tools and services industry, focusing on providing products and solutions for precise positioning and controlled force application.
YTD Price Performance: 12.57%
Average Trading Volume: 365,053
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.47B
For an in-depth examination of EPAC stock, go to TipRanks’ Stock Analysis page.