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Knowles ( (KN) ) has provided an announcement.
On February 18, 2025, Knowles Corporation’s Board of Directors and Compensation Committee granted a special equity award of performance share units (PSUs) to CEO Jeffrey S. Niew, under the company’s 2018 Equity and Cash Incentive Plan. This award, designed to align with the company’s strategic goals, is contingent upon achieving specific financial targets over a three-year performance period, with potential adjustments based on revenue from acquisitions and performance metrics. The PSU award aims to incentivize leadership to meet or exceed these targets, impacting the company’s operational focus and potentially enhancing shareholder value.
More about Knowles
Knowles Corporation operates in the technology industry, focusing on the development and production of advanced micro-acoustic microphones, speakers, and audio processing solutions. The company serves a wide range of markets, including consumer electronics, hearing health, and industrial applications.
YTD Price Performance: -12.49%
Average Trading Volume: 670,898
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.53B
For a thorough assessment of KN stock, go to TipRanks’ Stock Analysis page.