EBay stated on Friday that it will take into account promoting the ticket-sales service StubHub, its labeled promoting unit and different belongings in a possible revamping of the net retailer meant to appease restive shareholders.

The corporate additionally stated it will add three new administrators to its board, and that it had reached settlement agreements with the activist hedge funds Elliott Administration and Starboard Worth, which have been urgent administration for an overhaul.

As a part of the strategic evaluation of its portfolio, eBay urged it will carefully study its core market enterprise and take into account unwinding some expansions into adjoining companies.

The transfer comes amid shareholders’ dismay over the stagnant efficiency of eBay’s inventory over the previous a number of years. The corporate’s shares had fallen about 17 % within the 12 months earlier than Elliott and Starboard unveiled their possession stakes in January.

EBay agreed to spin off its PayPal funds enterprise three years in the past underneath stress from the activist investor Carl Icahn, who had criticized the corporate as among the many worst-run he had ever seen.

The corporate insists that it has already launched into investor-friendly initiatives, together with introducing a quarterly dividend and committing to returning $7 billion to shareholders over the subsequent two years. It stated on Friday that it has additionally streamlined its worldwide operations and brought steps to extend promoting income.

The settlements introduced Friday head off what might have been an arduous board battle led with Elliott and Starboard, two of the largest and most profitable activist hedge funds. Elliott owns a roughly four % stake in eBay; Starboard owns about 1 % of the corporate.

In a letter to eBay’s board in January, Elliott urged the corporate to contemplate promoting StubHub and the classifieds enterprise, saying such transactions might convey in additional than $16 billion.

EBay made no dedication on Friday to promoting any of its companies, and it’s unclear whether or not the corporate would act on one other Elliott proposal: promoting its core market enterprise to a personal fairness agency or different on-line retailer.

“We see large alternative forward and need to see eBay’s full potential realized over the long-term,” Devin Wenig, eBay’s chief govt, stated in an announcement.

As a part of the settlement, eBay agreed so as to add as new administrators Jesse Cohn, the Elliott accomplice who led the hedge fund’s marketing campaign, and Matt Murphy, the chief govt of Marvell Expertise. The third new director can be added later this 12 months.

“We’re assured that the initiatives introduced at the moment will drive significant shareholder worth,” Mr. Cohn stated in an announcement.

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