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Audinate Group ( (AU:AD8) ) has issued an announcement.
Audinate Group Limited announced the cessation of 222,842 performance rights due to the conditions for these rights not being satisfied or becoming incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders, particularly in terms of employee incentives and overall market perception.
The most recent analyst rating on (AU:AD8) stock is a Hold with a A$6.50 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
More about Audinate Group
Audinate Group Limited operates in the technology industry, primarily focusing on providing audio networking solutions. The company is known for its Dante platform, which is widely used for distributing digital audio signals over computer networks, catering to the professional audio and video markets.
Average Trading Volume: 561,546
Technical Sentiment Signal: Hold
Current Market Cap: A$580.4M
Find detailed analytics on AD8 stock on TipRanks’ Stock Analysis page.