tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Reitmans Incentivizes Management with Stock Options

Reitmans Incentivizes Management with Stock Options

Reitmans (Canada) Limited (TSE:RET) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Reitmans (Canada) Limited has granted over one million stock options to its management team, with the aim of aligning the interests of the managers with the company’s long-term performance goals. These options, priced at $2.42, will vest over a period of time as part of the company’s Long-Term Incentive Plan. Reitmans, a leading Canadian specialty apparel retailer, operates 391 stores across the country under various banners.

For further insights into TSE:RET stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1