Monro Adopts Shareholder Rights Plan After Icahn Enterprises Builds 17% Stake

MT Newswires Live
2025/11/10

Monro's (MNRO) board approved a one-year shareholder rights plan after Icahn Enterprises (IEP) accumulated a 17% stake in the automotive repair and tire services company.

The plan, set to expire on Nov. 6, 2026, aims to protect investor interests by discouraging any attempt to gain control of the company without fairly compensating shareholders, Monro said Monday in a statement.

Under the plan, one right will be issued for each common share outstanding as of Nov. 24. The rights become exercisable if any entity, person, or group acquires 17.5% or more of Monro's shares.

Monro shares rose 1.2% in recent Monday trading, and Icahn Enterprises fell 1.3%.

Price: 17.72, Change: +0.21, Percent Change: +1.20

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10