Mattel Shareholders Approve Expanded Long-Term Equity Incentive Plan
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Mattel shareholders approved an amendment to its long-term equity incentive plan at the May 28, 2026 annual meeting, adding 2.155 million shares and extending the termination date to March 2036. The meeting also saw the election of all nominated directors, ratification of PwC as auditor, and strong support for executive pay. Analyst ratings remain mixed, with a Buy consensus at $19.00, while AI analysis rates MAT as Neutral due to solid revenue but weakening cash flow and leverage.
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