menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

SunPower S...
source image

Baystreet

2d

read

230

img
dot

Image Credit: Baystreet

SunPower Static Following Thursday Meeting

  • SunPower held its Annual Meeting on May 29 where all 12 proposals, including re-election of Board members and approval of employee stock plan, were approved with over 95% votes.
  • Chairman and CEO, T.J. Rodgers thanked shareholders for their support in approving the stockholder plan proposal with a 96% vote, enabling growth and future acquisitions for the company.
  • Rodgers mentioned that the company is well-prepared for the ITC phase-out and doesn't foresee any revenue drop that could lead to financial issues for the rest of the year.
  • Following the meeting, SunPower's shares closed at $1.26 on Thursday.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app