Metal Management shareholders OK stock plan

Sep 19, 2002 | 08:12 PM | Michael Marley

Metal Management Inc. shareholders approved a stock option plan and re-elected five directors to the company's board during its annual meeting Wednesday in Newark, N.J.

Rob Larry, executive vice president and chief financial officer, said that the 2002 stock incentive plan would allow the company's board to issue 2 million shares of Metal Management's common stock which would be awarded to the company's employees, consultants and its directors over the next 10 years as equity compensation either in the form of....

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