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Babylon Pump & Power Ltd ( (AU:BPP) ) has provided an update.
Babylon Pump & Power Ltd announced the issuance of new unquoted equity securities in the form of performance rights, totaling over 44 million units. This move is part of an employee incentive scheme, which is not intended to be quoted on the ASX, potentially impacting the company’s employee retention and motivation strategies.
The most recent analyst rating on (AU:BPP) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Babylon Pump & Power Ltd stock, see the AU:BPP Stock Forecast page.
More about Babylon Pump & Power Ltd
Babylon Pump & Power Ltd operates in the industrial sector, focusing on providing specialized equipment and services related to pumping and power solutions. The company primarily offers products and services that cater to industries requiring heavy-duty pumping and power generation equipment.
Current Market Cap: A$19.03M
See more data about BPP stock on TipRanks’ Stock Analysis page.