tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ASOS Launches 2025 Sharesave Plan to Engage Employees

Story Highlights
  • ASOS launched the 2025 Sharesave Plan for employees with discounted share options.
  • The scheme aims to align employee interests with ASOS’s growth and enhance stakeholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ASOS Launches 2025 Sharesave Plan to Engage Employees

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest update is out from ASOS plc ( (GB:ASC) ).

ASOS Plc has launched the 2025 ASOS Plc Sharesave Plan (SAYE) for eligible employees, allowing them to subscribe for options over the company’s ordinary shares at a discounted exercise price. Chief Financial Officer Aaron Izzard participated in the scheme, which saw 254 employees granted a total of 1,466,578 options, representing 1.2% of the company’s issued share capital. This initiative is part of ASOS’s efforts to engage employees and align their interests with the company’s growth, potentially enhancing stakeholder value and strengthening its market position.

The most recent analyst rating on (GB:ASC) stock is a Hold with a £275.00 price target. To see the full list of analyst forecasts on ASOS plc stock, see the GB:ASC Stock Forecast page.

Spark’s Take on GB:ASC Stock

According to Spark, TipRanks’ AI Analyst, GB:ASC is a Neutral.

ASOS plc’s overall stock score is primarily impacted by its financial performance, which is currently weak due to declining revenues and high leverage. While there are positive signs from recent strategic initiatives and improved cash flow, the technical analysis and valuation remain concerning. The earnings call provides some optimism with operational improvements, but challenges in sales and market performance persist.

To see Spark’s full report on GB:ASC stock, click here.

More about ASOS plc

Founded in 2000, ASOS is a leading online fashion retailer with 17 million active customers across over 150 markets. The company offers a wide range of fashion products through its own brands such as ASOS DESIGN, ARRANGE, COLLUSION, Topshop, and Topman, as well as products from local and global partner brands. ASOS is known for its expert in-house design team and flexible commercial model, which includes ASOS Fulfilment Services, Partner Fulfils, and Test & React, making the latest fashion trends accessible to a global audience.

Average Trading Volume: 337,663

Technical Sentiment Signal: Sell

Current Market Cap: £308.2M

Find detailed analytics on ASC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1