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Nuvera Communications Amends 2015 Employee Stock Plan

Story Highlights
  • Nuvera Communications amended its 2015 Employee Stock Plan on February 28, 2025.
  • The amendments align with the company’s name change, clarify award terms, and require shareholder approval.
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Nuvera Communications Amends 2015 Employee Stock Plan

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Nuvera Communications ( (NUVR) ) has shared an announcement.

Nuvera Communications, Inc. announced amendments to its 2015 Employee Stock Plan on February 28, 2025, following the recommendation of its Board’s Compensation Committee. These amendments aim to align the plan with the company’s 2018 name change, clarify the terms of awards under the plan, extend the plan’s term to match the expiration of the 2017 Omnibus Stock Plan, and establish share counting rules. Importantly, the amendments do not increase the number of shares that may be issued and require shareholder approval.

More about Nuvera Communications

YTD Price Performance: 7.21%

Average Trading Volume: 2,584

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $56.96M

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

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