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Warner Music Group ( (WMG) ) has issued an announcement.
Warner Music Group has amended its employment agreement with CEO Robert Kyncl, replacing his annual performance share units with restricted stock units valued at $10.6 million. This shift aligns with the company’s strategic incentive plans, reflecting its focus on executive performance and company growth.
More about Warner Music Group
Warner Music Group Corp. operates in the music industry, focusing on recorded music and music publishing services, serving a global market with a diverse range of artists and music genres.
YTD Price Performance: 0.0%
Average Trading Volume: 1,486,462
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $16.21B
For an in-depth examination of WMG stock, go to TipRanks’ Stock Analysis page.