02:59 PM EDT, 07/25/2024 (MT Newswires) -- Enhabit ( EHAB ) said Thursday that shareholders elected one of AREX Capital Management's director nominees and re-elected eight incumbent directors at the annual shareholders meeting.

AREX Capital nominated Mark Ohlendorf to the board.

Ohlendorf's election comes after AREX urged shareholders to back its seven board nominees at the annual meeting to enhance Enhabit's ( EHAB ) operational performance and maximize shareholder value.

Enhabit ( EHAB ) shares rose 4.2% in recent trading.

Price: 10.36, Change: +0.43, Percent Change: +4.33