Robix has an employee stock ownership plan. In this plan, the employees own shares of stock, but they do not actually buy them.

Question

Quizplus · Accepted Answer

In an employee stock ownership plan (ESOP), the company sets up a trust to buy shares of the company's stock. The trust then distributes the shares to the employees as part of their retirement benefits or compensation package. The employees do not have to buy the shares themselves, but they do own them through the ESOP.

Robix Has an Employee Stock Ownership Plan