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La-Z-Boy Incorporated (LZB) has shared an update.
At La-Z-Boy Incorporated’s 2024 Annual Meeting, shareholders approved the new 2024 Omnibus Incentive Plan aimed at attracting, retaining, and motivating qualified personnel through direct proprietary interests in the company’s success. This plan allows for various stock and cash awards, with a total of 3,090,000 shares authorized for grants, adjusted for previous awards. Additionally, all director nominees were elected, PricewaterhouseCoopers LLP was ratified as the independent accounting firm, executive compensation was approved, and the 2024 Omnibus Incentive Plan received the green light from shareholders.
See more insights into LZB stock on TipRanks’ Stock Analysis page.
