Te Connectivity Ltd (TEL) has issued an update.
TE Connectivity Ltd.’s shareholders at their 2024 Annual General Meeting green-lit a new stock and incentive plan with nearly 20 million shares up for grabs. They also voted to cancel almost 6 million shares previously bought back, adjusting the company’s share capital accordingly. To keep up with Swiss law changes, they tweaked the Articles of Association, affecting general meetings, board directives, and shareholder interactions. These changes took effect the day after the meeting.
For detailed information about TEL stock, go to TipRanks’ Stock Analysis page.
