Fortrea (FTRE) Adopts Limited-Duration Stockholder Rights Plan

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Go back to Fortrea (FTRE) Adopts Limited-Duration Stockholder Rights Plan

Fortrea Adopts Limited-Duration Stockholder Rights Plan

June 12, 2025 8:36 AM EDT

DURHAM, N.C., June 12, 2025 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE) (the Company), a leading global contract research organization (CRO), today announced that its Board of Directors (the Board) has unanimously adopted a limited-duration stockholder rights plan (Rights Plan) to protect the best interests of all Fortrea stockholders. The Rights Plan is effective immediately and will expire on June 10, 2026, unless terminated earlier by the Board.

The Rights Plan is intended to enable the Companys stockholders to realize the long-term value of their investment, ensure that all stockholders receive fair and equal treatment... More