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RGS - Regis News Story

$9.67 -0.6  -5.8%

Last Trade - 07/05/21

Sector
Consumer Defensives
Size
Small Cap
Market Cap £264.7m
Enterprise Value £367.7m
Revenue £270.9m
Position in Universe 3901st / 6854

BRIEF-Regis Corporation Announces New Long-Term Incentive Plan

Wed 22nd August, 2018 11:22pm
Aug 22 (Reuters) - Regis Corp  RGS.N :
    * REGIS CORPORATION ANNOUNCES NEW LONG-TERM INCENTIVE PLAN
THAT
FURTHER ALIGNS EXECUTIVE MANAGEMENT AND SHAREHOLDER INTERESTS
    * REGIS CORP - UNDER FISCAL 2019 LONG-TERM INCENTIVE PLAN,
EXECUTIVES WILL NO LONGER RECEIVE AUTOMATIC ANNUAL EQUITY GRANTS
    * REGIS CORP - CREATED A "MATCHING SHARE PROGRAM"
    * REGIS - ELIGIBLE EXECUTIVE TO GET SINGLE, LARGER INITIAL
EQUITY
GRANT AT OUTSET OF 5-YEAR PERIOD WITH NO AUTOMATIC YEARLY GRANTS
FOR REMAINDER OF PERIOD
    * REGIS - UNDER "MATCHING SHARE PROGRAM" EXECUTIVES ARE
ENCOURAGED
TO BUY SHARES WITH PORTION OF THEIR OWN MONEY IF THEY ACHIEVE
SHORT-TERM TARGETS

Source text for Eikon:  ID:nBwbnmfzva 
Further company coverage:  RGS.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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