AMC Entertainment Holdings, Inc. (AMC) has announced the adoption of the AMC Entertainment Holdings, Inc. 2024 Equity Incentive Plan (the '2024 Plan'), subject to shareholder approval. The 2024 Plan is set to replace the expiring 2013 Equity Incentive Plan and aims to attract, retain, and motivate employees, consultants, and directors by aligning their interests with those of AMC's shareholders. The plan will offer various awards, including stock options and restricted stock units, with a total reserve of 25 million shares of common stock. The 2024 Plan will become effective upon shareholder approval, with no awards to be settled in shares until such approval is obtained. The announcement also detailed the proposed amendments to the company's Third Amended and Restated Certificate of Incorporation, which include...Show More

AMC Entertainment Holdings, Inc. (AMC) has announced the adoption of the AMC Entertainment Holdings, Inc. 2024 Equity Incentive Plan (the '2024 Plan'), subject to shareholder approval. The 2024 Plan is set to replace the expiring 2013 Equity Incentive Plan and aims to attract, retain, and motivate employees, consultants, and directors by aligning their interests with those of AMC's shareholders. The plan will offer various awards, including stock options and restricted stock units, with a total reserve of 25 million shares of common stock. The 2024 Plan will become effective upon shareholder approval, with no awards to be settled in shares until such approval is obtained. The announcement also detailed the proposed amendments to the company's Third Amended and Restated Certificate of Incorporation, which include changes to the board of directors' structure, allowing for annual election of directors and the removal of certain restrictions on shareholder actions. These amendments are designed to enhance corporate governance and flexibility. The proposed changes and the new equity incentive plan are part of AMC's ongoing efforts to drive long-term growth and success.