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Insteel Industries Approves 2025 Equity Incentive Plan

Story Highlights
  • Insteel Industries approved the 2025 Equity Incentive Plan at the annual meeting.
  • Shareholders elected directors, approved executive compensation, and ratified the accounting firm.
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Insteel Industries Approves 2025 Equity Incentive Plan

The latest update is out from Insteel Industries ( (IIIN) ).

Insteel Industries Inc. held its Annual Meeting of Shareholders on February 11, 2025, where the company’s stockholders approved the 2025 Equity Incentive Plan designed to align the interests of participants with those of the company and its shareholders. The plan includes various stock-based awards and is effective until February 10, 2035. Additionally, the meeting included the election of directors, advisory approval of executive compensation, and the ratification of Grant Thornton LLP as the independent registered public accounting firm.

More about Insteel Industries

Insteel Industries Inc. operates in the manufacturing sector, focusing primarily on steel wire reinforcing products for concrete construction applications. The company serves a diverse market, including infrastructure, commercial, and residential construction sectors.

YTD Price Performance: 17.69%

Average Trading Volume: 163,964

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $599.8M

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

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