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Kohl’s (KSS) has provided an update.
At Kohl’s Corporation’s 2024 annual shareholder meeting, the company’s new Long-Term Compensation Plan was approved, introducing an array of stock-based incentives for employees and board members, with an authorized share pool of over 12 million. Additionally, shareholders re-elected 11 board directors, endorsed executive officer compensation, ratified the appointment of Ernst & Young LLP as the auditor, and declared a quarterly dividend of $0.50 per share to be paid in June. A shareholder proposal on corporate financial sustainability reporting was not approved.
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