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-0.00384615384615376 -0.00384615384615376 0.0480769230769231 0.0615384615384616 0.0495192307692308 0.0480769230769231 0.076923076923077 0.0692307692307693
Stock impact report

Vera Bradley Announces Adoption of Limited Duration Shareholder Rights Plan

Vera Bradley, Inc. (VRA) 
Last vera bradley, inc. earnings: 3/11 08:00 am Check Earnings Report
Company Research Source: GlobeNewswire
FORT WAYNE, Ind., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) announced today that the Board of Directors of the Company (the “Board”) unanimously approved the adoption of a limited duration shareholder rights plan (the “Rights Plan”) to protect shareholders’ interests and maximize value for all shareholders. The Rights Plan is similar to plans adopted by other public companies and is designed to ensure that all the Company’s shareholders have the opportunity to realize the long-term value of their investment in the Company and to guard against abusive tactics so that no person, entity or group can gain a control or control-like position in the Company through open market accumulations of the Company’s common stock or other tactics potentially disadvantaging the interests of the Company’s shareholders without negotiating with the Board and without paying an appropriate control premium to all shareholders. The Rights Plan is intended to positi Show less Read more
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