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United Natural Foods ( (UNFI) ) just unveiled an update.
At its Annual Meeting of Stockholders, United Natural Foods, Inc. approved the Fourth Amended and Restated 2020 Equity Incentive Plan, increasing the shares issuable under the plan by 1,200,000 and implementing several changes including a release requirement before vesting upon retirement. Additionally, 52,548,560 shares were represented at the meeting, where stockholders also elected directors, ratified KPMG LLP as the accounting firm, and approved executive compensation. These decisions are anticipated to impact the company’s equity distribution and governance structure, potentially influencing its operational dynamics and investor relations.
More about United Natural Foods
United Natural Foods, Inc. operates in the food distribution industry, primarily providing natural, organic, and specialty foods and related products. The company focuses on servicing the needs of grocery retailers, supermarkets, and other food service operators.
YTD Price Performance: 72.03%
Average Trading Volume: 836,177
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.69B
Learn more about UNFI stock on TipRanks’ Stock Analysis page.