Fortrea Board Adopts Limited-Duration Shareholder Rights Plan-March 2024-www.financetom.com

Fortrea Board Adopts Limited-Duration Shareholder Rights Plan

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Fortrea Board Adopts Limited-Duration Shareholder Rights Plan

Jun 12, 2025 6:49 AM

09:22 AM EDT, 06/12/2025 (MT Newswires) -- Fortrea Holdings ( FTRE ) said Thursday its board has unanimously adopted a limited-duration shareholder rights plan to "protect the best interests" of its stockholders, effective immediately.

The plan will run through June 10 next year to ensure that all shareholders get "fair and equal treatment" if there is a proposed takeover of the company, Fortrea ( FTRE ) said.

The rights plan is also intended to protect against tactics that may prevent the board from having ample time to take informed decisions that are in the best interests of the company and its shareholders, the company said.

Fortrea ( FTRE ) shares rose 5.2% in premarket trading on Thursday.

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