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Australian Ethical Investment Ltd ( (AU:AEF) ) has issued an update.
Australian Ethical Investment Limited has announced the issuance of 410,304 ordinary fully paid shares to the Trustee of the Australian Ethical Investment Employee Share Plan. These shares are intended to benefit employees under the plan, with an issue price based on the 20-day volume-weighted average price of the company’s shares. This move is part of the company’s broader strategy to incentivize and retain talent, potentially impacting its operational dynamics and stakeholder relations positively.
The most recent analyst rating on (AU:AEF) stock is a Hold with a A$7.50 price target. To see the full list of analyst forecasts on Australian Ethical Investment Ltd stock, see the AU:AEF Stock Forecast page.
More about Australian Ethical Investment Ltd
Australian Ethical Investment Limited operates in the financial services industry, focusing on ethical investment products. The company is known for its commitment to sustainable and responsible investing, offering a range of investment options that adhere to ethical guidelines.
Average Trading Volume: 165,729
Technical Sentiment Signal: Buy
Current Market Cap: A$752M
Find detailed analytics on AEF stock on TipRanks’ Stock Analysis page.