AREX Capital Management Issues Letter to Enhabit Stockholders Regarding the Need for Dramatic Changes to Board Composition [Yahoo! Finance]
Enhabit, Inc. (EHAB)
Company Research
Source: Yahoo! Finance
Expresses Disappointment That Enhabit's Board Has Chosen Not to Engage Details Enhabit's Dramatic Operational Underperformance Reaffirms View of Substantial Unrecognized Value of Enhabit Files Preliminary Proxy Statement for 2024 Annual Meeting of Stockholders NEW YORK, May 29, 2024 (GLOBE NEWSWIRE) -- AREX Capital Management, LP, together with its affiliates, the owners of approximately 4.9% of the shares of Enhabit, Inc. (NYSE: EHAB) (“Enhabit”), today issued an open letter to its fellow stockholders regarding the need for a major boardroom change at Enhabit. The full text of the letter is set forth below: Fellow Stockholders, AREX Capital Management, LP and its affiliates (together, “AREX” or “we”) are collectively the beneficial owners of approximately 2.4 million shares of Enhabit, Inc. (“Enhabit” or the “Company”), representing approximately 4.9% of the Company's common shares outstanding. We have been Enhabit stockholders since its spin-off from Encompass Health
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EHAB
News
- Enhabit Demonstrates Progress to Stabilize Business and Position Company for Profitable GrowthBusiness Wire
- Enhabit's (NYSE:EHAB) Returns On Capital Tell Us There Is Reason To Feel Uneasy [Yahoo! Finance]Yahoo! Finance
- AREX Capital Sets the Record Straight Regarding Enhabit's Misleading Assertions [Yahoo! Finance]Yahoo! Finance
- AREX Capital Sets the Record Straight Regarding Enhabit’s Misleading AssertionsBusiness Wire
- Enhabit Home Health & Hospice Named in U.S. News & World Report's 2024-2025 Best Companies to Work For [Yahoo! Finance]Yahoo! Finance
EHAB
Earnings
- 5/8/24 - Beat
EHAB
Sec Filings
- 6/18/24 - Form DEFA14A
- 6/17/24 - Form DFAN14A
- 6/17/24 - Form DEFA14A
- EHAB's page on the SEC website