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AACo Issues 224,403 Performance Rights Under Long-Term Incentive Plan

Story Highlights
  • Australian Agricultural Company has issued 224,403 unquoted performance rights under its long-term incentive plan.
  • The performance rights support AACo’s focus on aligning employee rewards with long-term performance and shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AACo Issues 224,403 Performance Rights Under Long-Term Incentive Plan

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The latest announcement is out from Australian Agricultural Company ( (AU:AAC) ).

Australian Agricultural Company Limited has issued 224,403 unquoted performance rights under its Long Term Incentive Plan. The new securities, which are not intended to be quoted on the ASX, form part of AACo’s employee incentive arrangements and are designed to align management and staff rewards with longer-term company performance and shareholder value, reflecting a continued emphasis on retention and performance-based remuneration for key personnel.

The most recent analyst rating on (AU:AAC) stock is a Buy with a A$1.95 price target. To see the full list of analyst forecasts on Australian Agricultural Company stock, see the AU:AAC Stock Forecast page.

More about Australian Agricultural Company

Australian Agricultural Company Limited (AACo) is one of Australia’s largest integrated beef producers, operating across pastoral, cattle and beef production. The company focuses on premium beef brands and long-term herd and land management, supplying both domestic and export markets.

Average Trading Volume: 139,437

Technical Sentiment Signal: Sell

Current Market Cap: A$831.5M

See more data about AAC stock on TipRanks’ Stock Analysis page.

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