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Audinate Group ( (AU:AD8) ) has shared an announcement.
Audinate Group Limited has announced the issuance of 715,452 performance rights as part of an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market competitiveness.
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, specializing in audio networking solutions. The company is known for its Dante platform, which is widely used for digital audio networking, providing high-quality audio distribution over standard IT networks.
Average Trading Volume: 561,546
Technical Sentiment Signal: Hold
Current Market Cap: A$580.4M
For detailed information about AD8 stock, go to TipRanks’ Stock Analysis page.