H-E-B to Give Employees Stock

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H-E-B to Give Employees Stock


Starting in January, the Texas-based grocery chain of 370 stores will give employees the stock equivalent of 3 percent of their salary, plus $100 worth for each year of service, redeemable upon leaving the company. The gift will amount to 15 percent of the company’s total shares. H-E-B is privately held by the founding Butt family, but allocates its total worth through internally issued stock.

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