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Jacobs Solutions Announces Board Changes and Dividend Hike

Jacobs Solutions (J) has released an update.

Effective January 24, 2024, the Board’s standing Committees underwent changes in membership, with Ms. Julie A. Sloat joining the Audit and ESG and Risk Committees, Mr. Louis V. Pinkham joining the Human Resource and Compensation, and Nominating and Corporate Governance Committees, while Mr. Chris M.T. Thompson and Ms. Georgette D. Kiser ceased serving on their respective committees. On January 25, the Board declared a quarterly cash dividend of $0.29 per share, an 11.5% increase, payable on March 22 to shareholders on record by February 23. Despite the Advisory Proposal not being properly presented, the Board will review the Company’s supermajority voting provisions.

For further insights into J stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.

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