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Australian Silica Quartz Group Cancels 1 Million Unvested Performance Rights

Story Highlights
  • Australian Silica Quartz Group has cancelled 1,000,000 ASQAA performance rights.
  • The lapse of these conditional rights reduces potential future dilution and simplifies capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Australian Silica Quartz Group Cancels 1 Million Unvested Performance Rights

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Australian Silica Quartz Group ( (AU:ASQ) ) has shared an announcement.

Australian Silica Quartz Group Ltd has announced the cessation of 1,000,000 ASQAA performance rights after the conditions attached to these securities were not met or became incapable of being satisfied, effective 2 January 2026. The lapse of these conditional rights reduces the company’s potential future share dilution and slightly simplifies its capital structure, with limited immediate operational impact but relevance for existing and prospective shareholders monitoring equity-based incentives and issued capital levels.

The most recent analyst rating on (AU:ASQ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Silica Quartz Group stock, see the AU:ASQ Stock Forecast page.

More about Australian Silica Quartz Group

Australian Silica Quartz Group Ltd is an ASX-listed company focused on silica quartz resources and related industrial minerals, supplying materials used in a range of industrial and high-tech applications.

Average Trading Volume: 130,894

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$5.64M

Learn more about ASQ stock on TipRanks’ Stock Analysis page.

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