Synopsys (SNPS) has shared an update.
At Synopsys, Inc.’s 2024 Annual Meeting, stockholders voted in favor of key proposals, notably approving the expansion of the 2006 Employee Equity Incentive Plan, which now includes an additional 3.4 million shares and extends the duration of the plan indefinitely. The company’s executives are also eligible to participate in this revised plan. Other significant decisions included the election of eleven board directors, endorsement of executive compensation, ratification of KPMG LLP as the independent auditor, and the rejection of a proposal for an independent board chair. These approvals and election results reflect the shareholders’ trust in the current management and strategic direction of Synopsys.
See more insights into SNPS stock on TipRanks’ Stock Analysis page.
