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Adairs Ltd. ( (AU:ADH) ) has shared an update.
Adairs Limited has granted 891,135 performance rights under its FY26 Long Term Incentive Plan to selected senior employees, including 312,313 rights to Managing Director and Group CEO Elle Roseby, with that portion having already received shareholder approval. The rights, priced off a 5-day VWAP of $2.68, are subject to a three-year performance period ending in June 2028 and will vest only if service conditions are met and underlying FY28 earnings per share reach Board‑set hurdles, aligning executive and senior staff rewards with improved profitability and longer-term shareholder value.
The most recent analyst rating on (AU:ADH) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Adairs Ltd. stock, see the AU:ADH Stock Forecast page.
More about Adairs Ltd.
Adairs Limited (ASX: ADH) is a leading omnichannel specialty retailer of home furnishings, furniture and home décor operating across Australia and New Zealand. Through its three design-led brands—Adairs, Focus on Furniture and Mocka—the group sources and procures its own products and sells them through owned or controlled channels, with each wholly owned subsidiary operating independently and with a strong customer-service focus. The company is headquartered in Melbourne, Australia.
Average Trading Volume: 683,817
Technical Sentiment Signal: Sell
Current Market Cap: A$312.1M
See more data about ADH stock on TipRanks’ Stock Analysis page.