Starboard Built Big Stake in BILL Holdings, Plans to Nominate Directors

Starboard built big stake in BILL Holdings, plans to nominate directors

NEW YORK :Activist investor Starboard Value owns an 8.5 per cent stake in BILL Holdings and intends to run a boardroom challenge to push for changes at the financial automation software company that serves small and midsize businesses around the world, it said in a filing on Thursday.Starboard has been buildi

Bill Holdings Stock Jumps After Starboard Value Builds 8% Stake - BILL Holdings (NYSE:BILL)

BILL Holdings Inc (NYSE:BILL) shares are rising in extended trading on Thursday following a report suggesting activist investor Starboard Value has built an 8% stake in the company. BILL stock is showing strength after hours. Get more details here. What To Know: Starboard Value owns 8% of Bill Holdings and may be planning to challenge the board and push for changes at the company, per Reuters. The activist investor has reportedly been building a…

Starboard to launch BILL Holdings board challenge after building 8.5% stake

Activist hedge fund Starboard Value has disclosed an 8.5% stake in BILL Holdings and is preparing a boardroom battle to push for strategic and operational changes at the financial automation software company, according to a report by Reuters. The report cites a filing with the US Securities and Exchange Commission on Thursday as confirming that Starboard intends to nominate director candidates and continue engagement with BILL’s management and b…

$300 Million Share Repurchase: BILL Responds to Activist Starboard Value's Board Nomination Plans

Financial tech platform BILL authorizes $300M share repurchase program while engaging with activist investor Starboard Value. Confirms Starboard's plans for board nominations at 2025 annual meeting.