iHeart shareholders approve expanded incentive plan

iHeartMedia shareholders have approved a significant expansion of the company's long-term incentive compensation program, authorizing an additional 13 million shares for employee equity awards and extending the plan for another decade.

The changes were approved during iHeartMedia's Annual Meeting of Stockholders held June 4. Shareholders voted in favor of the second amendment to the company's 2021 Long-Term Incentive Award Plan, which had previously been approved by the board of directors on April 7.

Click here to read more.