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World Acceptance Adjusts Executive Stock Awards Strategy

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World Acceptance Adjusts Executive Stock Awards Strategy

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World Acceptance ( (WRLD) ) has provided an update.

World Acceptance Corporation has announced the forfeiture of performance-based restricted stock awards for certain employees, including its executive officers, due to not meeting specified earnings-per-share targets. As a result of this forfeiture, the company reversed $18.5 million in previously recognized stock-based compensation and approved new service-based restricted stock awards for its executives.

More about World Acceptance

YTD Price Performance: -16.27%

Average Trading Volume: 19,358

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $628.4M

See more insights into WRLD stock on TipRanks’ Stock Analysis page.

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