AREX Capital Urges Fellow Stockholders to Support Meaningful Change at Enhabit at the Upcoming Annual Meeting
22 Luglio 2024 - 3:00PM
Business Wire
Reiterates that Two Leading Proxy Advisory
Firms Have Recommended Stockholders Support Meaningful Change to
Enhabit’s Board
Reminds Stockholders that Enhabit Has
Historically Made Excuses for Poor Performance and Empty
Promises
Underscores Opportunity Stockholders Have to
Add Industry-Specific Expertise to Enhabit’s Board at the Annual
Meeting on July 25th
AREX Capital Management, LP (together with its affiliates,
“AREX”), the beneficial owner of approximately 4.9% of the
outstanding common shares of Enhabit, Inc. (NYSE: EHAB) (“Enhabit”
or the “Company”), today issued an open letter to its fellow
stockholders asking them to address the deficiencies of Enhabit’s
current board of directors by electing the full AREX slate, which
AREX believes will support the creation of long-term value for all
stockholders.
The full text of the letter can be found here: AREX Letter to
Enhabit Stockholders.
AREX encourages stockholders to vote for all seven of its highly qualified nominees on the
WHITE Proxy Card at the
upcoming 2024 Annual Meeting of Stockholders on July 25, 2024. AREX
believes this will ensure that Enhabit has a board of directors
with the right experience and skills to effectively oversee
management and help them drive operational improvements that can
lead to significant value creation for stockholders.
Stockholders are encouraged to visit www.rehabEHAB.com for
additional information and to download the presentation detailing
the AREX Slate’s comprehensive plan to turn around Enhabit’s
operational performance: Rehabilitate Enhabit.
About AREX
AREX Capital Management, LP is a value-oriented investment firm
based in New York City. AREX takes a long-term, opportunistic
approach to investing and focuses primarily on publicly traded
companies with significant, unrealized potential.
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version on businesswire.com: https://www.businesswire.com/news/home/20240722079840/en/
Investor Contact Saratoga Proxy Consulting John Ferguson
(212) 257-1311 rehabEHAB@saratogaproxy.com
Media Contact Longacre Square Partners Charlotte Kiaie /
Bela Kirpalani (646) 386-0091 rehabEHAB@longacresquare.com
Grafico Azioni Enhabit (NYSE:EHAB)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Enhabit (NYSE:EHAB)
Storico
Da Feb 2024 a Feb 2025
