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Autosports Group Issues New Performance Rights for Employee Incentive

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Autosports Group Issues New Performance Rights for Employee Incentive

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Autosports Group Ltd ( (AU:ASG) ) has provided an announcement.

Autosports Group Ltd announced the issuance of 1,165,532 performance rights as part of an employee incentive scheme, which are not intended to be quoted on the ASX. This move is likely aimed at enhancing employee motivation and retention, potentially impacting the company’s operational efficiency and market competitiveness.

The most recent analyst rating on (AU:ASG) stock is a Buy with a A$4.85 price target. To see the full list of analyst forecasts on Autosports Group Ltd stock, see the AU:ASG Stock Forecast page.

More about Autosports Group Ltd

Autosports Group Ltd operates in the automotive industry, focusing on the sale and servicing of luxury and prestige vehicles. The company is known for its comprehensive range of automotive services and its market focus on high-end vehicle brands.

Average Trading Volume: 471,446

Technical Sentiment Signal: Buy

Current Market Cap: A$901.9M

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

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