Lineage Announces $100M Investment in Its US Workforce via IPO Awards and Ongoing Grants Under Its Employee Equity Incentive Plan
Lineage, Inc. (LINE)
Company Research
Source: Business Wire
NOVI, Mich.--(BUSINESS WIRE)--Lineage, Inc. (the “Company”) (NASDAQ: LINE), the world’s largest global temperature-controlled warehousing REIT, today announced a $100 million investment in its workforce.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801789721/en/Lineage team members celebrated at sites across the US following the company's IPO last week. (Photo: Business Wire)Eligible US team members will receive a one-time award of stock or restricted stock units following the Company’s successful initial public offering on the NASDAQ Global Exchange. Named “Starting LINE Awards” in honor of the Company’s new ticker symbol, these awards will reach the vast majority of Lineage’s more than 16,000 US team members.“From the very beginning, we have sought to foster an ownership mindset at Lineage and have celebrated our wins together,” said Adam Forste, Founder and Co-Executive Chairman. “Lineage’s success has been made
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News
- Lineage, Inc. (NASDAQ: LINE) is now covered by analysts at Capital One Financial Co.. They set an "overweight" rating and a $91.00 price target on the stock.MarketBeat
- Lineage, Inc. (NASDAQ: LINE) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $105.00 to $104.00. They now have a "buy" rating on the stock.MarketBeat
- Lineage, Inc. Declares Initial DividendBusiness Wire
- Lineage Announces a Grand Prize of $50,000 for the Food Chain Innovation ChallengeBusiness Wire
- Lineage, Inc. (NASDAQ: LINE) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $94.00 price target on the stock.MarketBeat
LINE
Sec Filings
- 8/27/24 - Form 4
- 8/27/24 - Form 4
- 8/27/24 - Form 4
- LINE's page on the SEC website