According to the company, the content changes should make it easier for plan participants to better understand the stock purchase process and to execute stock transactions online.
Among the enhancements, the company said it has automated the entire plan enrollment process to give participants the ability to open their stock purchase plan accounts, accept the terms of their plans, and review related documents online.
In addition, the company said it has:
- redesigned the payroll deduction and withdrawal Web screens
- improved navigation
- provided greater flexibility to participants conducting transactions.
For example, during the stock purchase plan offering period, participants can now make payroll deduction elections in dollar amounts as well as according to percentage of pay.
For additional information, log on to the stock purchase plan site .