Columbia Banking System (COLB) just unveiled an update.
Columbia Banking System, Inc. shareholders have shown their support by approving the 2024 Equity Incentive Plan and an amendment to the Employee Stock Purchase Plan during the 2024 Annual Meeting. The new equity plan will supersede the 2018 version while honoring the existing terms for awards previously granted. Additionally, the stock purchase plan will expand to include an additional 850,000 shares. These changes, effective May 8, 2024, are part of the company’s broader efforts to incentivize and retain valuable employees, signaling a forward-looking approach to company growth and staff investment.
Find detailed analytics on COLB stock on TipRanks’ Stock Analysis page.
