Warner Introduces Legislation To Encourages Companies To Prioritize Long-Term Investments Over Short-Term Gains By Instituting Holding Periods For Stock Buybacks
March 15, 2023
March 15, 2023
WASHINGTON, March 15 -- Sen. Mark Warner, D-Virginia, issued the following news release:
U.S. Sens. Mark R. Warner (D-VA), Tammy Baldwin (D-WI), and Elizabeth Warren (D-MA) introduced the Advancing Long-term Incentives for Governance Now Act (ALIGN) Act to institute holding periods for stock buybacks and stock-based compensation - a measured move that would encourage company executives to prioritize investments that strengthen their companies over the long term, instead of focusing . . .
U.S. Sens. Mark R. Warner (D-VA), Tammy Baldwin (D-WI), and Elizabeth Warren (D-MA) introduced the Advancing Long-term Incentives for Governance Now Act (ALIGN) Act to institute holding periods for stock buybacks and stock-based compensation - a measured move that would encourage company executives to prioritize investments that strengthen their companies over the long term, instead of focusing . . .