Forestar Group ( (FOR) ) has issued an update.
Forestar Group Inc. and D.R. Horton have updated their Stockholder’s Agreement, raising investment thresholds from $20 million to $45 million, with annual adjustments based on the Case-Shiller Index. This change awaits stockholder approval at the 2025 Annual Meeting. Additionally, Forestar’s executive compensation strategy is set to align more closely with company performance, featuring cash incentives and performance-based stock units, designed to bolster shareholder value.
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