other material
confidence high
sentiment neutral
materiality 0.40
Shareholders approve 2024 LTIP, authorize reverse stock split at Fossil Group annual meeting
Fossil Group, Inc.
- Approved 2024 Long-Term Incentive Plan (replacing 2016 Plan); all nine director nominees elected.
- Reverse stock split amendment approved (31.5M for, 2.6M against); Board has discretion over ratio and timing.
- Say-on-pay advisory vote passed: 24.5M for, 0.8M against, 78,981 abstain.
- Deloitte & Touche LLP ratified as independent auditor for FY 2024: 33.8M for, 229,242 against.