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An update from Abacus Property Group ( (AU:ABG) ) is now available.
Abacus Group has announced the issuance of unquoted equity securities as part of their employee incentive scheme. The issuance includes 491,166 LTI Rights and 52,407 STI Deferral Rights, which are not intended to be quoted on the ASX. This move is likely to impact the company’s operations by aligning employee incentives with company performance, potentially enhancing productivity and retention.
The most recent analyst rating on (AU:ABG) stock is a Sell with a A$1.20 price target. To see the full list of analyst forecasts on Abacus Property Group stock, see the AU:ABG Stock Forecast page.
More about Abacus Property Group
Average Trading Volume: 888,440
Technical Sentiment Signal: Buy
Current Market Cap: A$1.09B
For an in-depth examination of ABG stock, go to TipRanks’ Overview page.