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Abacus Group Issues Unquoted Equity Securities for Employee Incentives

Story Highlights
  • Abacus Group issues unquoted equity securities as part of an employee incentive scheme.
  • The issuance aligns employee incentives with company performance, enhancing productivity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Abacus Group Issues Unquoted Equity Securities for Employee Incentives

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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.

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