other material
confidence high
sentiment neutral
materiality 0.35
Unitholders approve long-term incentive plan (165M units) and unit purchase plan (23M units)
ENTERPRISE PRODUCTS PARTNERS L.P.
- Long-Term Incentive Plan approved with 82.99% of votes cast, authorizing up to 165M common units for awards.
- Unit Purchase Plan approved with 98.47% of votes cast, authorizing up to 23M common units for employee purchases.
- Total votes cast represented 60.56% of outstanding units, meeting NYSE quorum requirement.
- Both plans effective through November 22, 2032, unless terminated earlier.