other_material
confidence high
sentiment positive
materiality 0.60
Conduent approves $50M buyback, shifts 80% of exec short-term incentive to stock
CONDUENT Inc
- Authorized up to $50M in share repurchases over three years; funding from cash on hand.
- 80% of annual short-term incentive for NEOs to be paid in performance-based restricted stock rather than cash.
- APIP Share Grants vest 50% on Mar 30, 2026 and 50% on Mar 30, 2027; subject to performance metrics and continued employment.
- On change-in-control, performance goals deemed met; award converts to cash with accelerated vesting upon qualifying termination.
item 5.02item 8.01