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Juniper Networks rewrites its 2015 Equity Incentive Plan

Juniper

Business Honor
30 May, 2025

Juniper adds 9 million shares to incentive plan; shareholders back all proposals.

With a current price of $35.95 and a market valuation of $12 billion, Juniper Networks Inc. said today the company's 2015 Equity Incentive Plan has been revised and restated with the consent of its stockholders. This move is increasing the number of shares available for issuance by 9 million. The company has confirmed great shareholder loyalty by maintaining steady dividend payments for 12 years in a row, according to data from InvestingPro.

The company’s annual meeting was held on Tuesday and this decision was made on the same day where a number of important proposals were put to a vote, including the appointment of directors and the approval of Ernst & Young LLP as its independent auditor for the fiscal year that ends on December 31, 2025.

On February 12, 2025, Juniper's Board of Directors first approved the Equity Incentive Plan change, pending stockholder approval, which has since been secured. The expansion of the plan is described in the definitive proxy statement that the business filed with the SEC on April 16, 2025, and it is referenced in the most recent 8-K filing.

A majority of votes were cast in support of all proposed directors during the Annual Meeting, which also saw stockholders vote on proposals for the election of 10 directors. A resounding majority also approved Ernst & Young LLP's nomination as the company's independent registered public accounting firm for the next fiscal year.

The vote results for each proposal are detailed in the 8-K filing, which also includes the Amended and Restated 2015 Equity Incentive Plan as an exhibit. The results of the Annual Meeting are formally documented in this file, which is based on a news release issued by Juniper Networks, Inc. With its Pro Research Report, one of more than 1,400 in-depth company assessments that customers can access, InvestingPro provides thorough analysis for investors looking for deeper insights.