The Virginia Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a comprehensive compensation program designed to incentivize and reward key employees of the company. This plan is specifically tailored for employees based in Virginia and is a crucial component of the company's overall talent retention and acquisition strategy. Under this plan, eligible employees are granted restricted stock units (RSS) as a form of compensation. This RSS represents the right to receive shares of the company's common stock at a future date. The allocation of RSS is determined based on various performance-based criteria, such as job function, level of responsibility, and individual performance. The Virginia Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. aims to align the interests of employees with the long-term success and growth of the company. By providing employees with an ownership stake in the company, it fosters a sense of loyalty, commitment, and dedication among the workforce. The plan also includes a vesting schedule, which determines the timeline for when employees become entitled to receive the shares of stock underlying their RSS. Typically, vesting occurs over a period of several years, incentivizing employees to remain with the company and contribute to its long-term success. Additionally, the plan may offer different types of grants under the Virginia Restricted Stock Award Plan. These could include initial grants for new hires, performance-based grants for exceptional achievement, and retention grants to encourage employees to stay with the company over a specified period. Each type of grant may have specific eligibility criteria and vesting requirements. It is important to note that the exact details and provisions of the Virginia Restricted Stock Award Plan may vary based on the specific needs and objectives of Coca-Cola Enterprises, Inc. The plan is subject to the regulations and guidelines set forth by relevant regulatory bodies, ensuring compliance with all legal requirements. In conclusion, the Virginia Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a strategic compensation program designed to attract, retain, and motivate key employees in Virginia. Through the allocation of RSS, the plan aligns the interests of employees with the long-term success of the company and fosters a culture of ownership and commitment.
Virginia Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.
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Ratify the appointment of Ernst & Young LLP as Independent Auditors of the Company to serve for the 2022 fiscal year.
Dividend Data The Coca-Cola Company's ( KO ) dividend yield is 3.24%, which means that for every $100 invested in the company's stock, investors would receive $3.24 in dividends per year. The Coca-Cola Company's payout ratio is 72.26% which means that 72.26% of the company's earnings are paid out as dividends.
Our Company grants stock options and restricted stock awards to certain employees of the Company.
CocaCola stock-based compensation for the twelve months ending June 30, 2023 was $807M, a 4.95% decline year-over-year. CocaCola annual stock-based compensation for 2022 was $0.356B, a 5.64% increase from 2021.
CocaCola stock-based compensation for the twelve months ending June 30, 2023 was $807M, a 4.95% decline year-over-year. CocaCola annual stock-based compensation for 2022 was $0.356B, a 5.64% increase from 2021.
Our Company grants stock options and restricted stock awards to certain employees of the Company.
Our approach to compensation is grounded in principles of fairness and equity for all employees. We believe that employees in the same job, or similarly situated jobs, should be paid fairly and equitably for their work. We work with external experts to identify and adjust unfair disparities in our pay structures.