Post Holdings ( (POST) ) has provided an update.
Post Holdings, Inc. is set to enhance its executive compensation strategy with the approval of stock-based awards, including restricted stock units and performance-based units, under its amended 2021 Long-Term Incentive Plan. Additionally, the company announced plans to redeem $464.9 million of its 5.625% senior notes due 2028, funded by cash reserves bolstered by a recent $600 million issuance of 6.25% senior notes due 2034. These strategic financial moves aim to strengthen Post’s market position and shareholder value.
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