LKQ (LKQ) shares were up nearly 2% in recent trading Thursday after the company entered a cooperation agreement with investors Ancora Catalyst Institutional, Engine Capital and their affiliates.
As a result of the agreement, the company named Sue Gove and Michael Powell its board members, starting immediately, and formed a finance committee to advise on its capital allocation and business portfolio.
Gove and Powell will be part of the finance committee.
Price: 37.40, Change: +0.62, Percent Change: +1.69
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.