Mastec Inc.
MasTec Inc. Shareholders Approve Compensation Plans at Annual Meeting
Summary
On May 14, 2024, MasTec Inc. shareholders approved the company's Amended and Restated 2013 Incentive Compensation Plan and the Amended and Restated 2011 Employee Stock Purchase Plan at the 2024 Annual Meeting of Shareholders. The Restated 2013 ICP increases the total number of shares available for issuance by 1,200,000, extending its term to May 14, 2034. The Restated 2011 ESPP increases the total number of shares available for issuance by 1,000,000, extending its term to May 14, 2034.
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About Mastec Inc.
Mastec Inc. is a comprehensive infrastructure construction company that operates primarily within the energy and communication sectors. Specializing in the engineering, building, installation, maintenance, and upgrading of infrastructure, Mastec plays a critical role in facilitating the development and functionality of modern energy and communication networks. The company is prominently engaged in activities related to the construction of oil and gas pipelines, electrical transmission systems, renewable energy facilities, and wireless and wireline communication systems. Mastec’s services are essential for utility companies, government agencies, and businesses seeking to expand or maintain their infrastructure capabilities. By providing these key services, Mastec helps to improve the reliability, efficiency, and connectivity of infrastructure networks, underpinning economic growth and technological advancement. This makes Mastec an important player in the ongoing development of essential services and infrastructure in the North American market.
Official SEC Documents
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