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Goodyear Shareholders Approve Amendment to Performance Plan

Story Highlights
  • Goodyear approved an amendment to the 2022 Performance Plan, adding 12.4 million shares.
  • Shareholders elected directors, approved executive pay, and ratified the auditor; a proposal on tire goals failed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

GoodYear Tire ( (GT) ) has shared an update.

On April 14, 2025, Goodyear shareholders approved an amendment to the 2022 Performance Plan, authorizing an additional 12.4 million common shares for issuance. During the same meeting, all twelve nominated directors were elected, and several resolutions were voted on, including the approval of executive compensation and the ratification of PricewaterhouseCoopers LLP as the independent auditor for 2025. A shareholder proposal regarding tire and road wear particle goals was not adopted.

Spark’s Take on GT Stock

According to Spark, TipRanks’ AI Analyst, GT is a Neutral.

GoodYear Tire’s overall stock score reflects a company navigating through financial difficulties, with some bright spots in operational improvements and strategic initiatives. The high P/E ratio and absence of a dividend yield, combined with ongoing industry challenges, temper the positive signals from recent earnings and operational efficiency gains.

To see Spark’s full report on GT stock, click here.

More about GoodYear Tire

Goodyear Tire & Rubber Company operates in the tire manufacturing industry, producing a wide range of tires for automobiles, trucks, and other vehicles. The company focuses on innovation and performance in its product offerings to maintain a strong market position.

YTD Price Performance: 11.43%

Average Trading Volume: 6,439,463

Technical Sentiment Signal: Buy

Current Market Cap: $2.69B

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

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