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Bendigo & Adelaide Bank Issues New Performance Rights

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Bendigo & Adelaide Bank Issues New Performance Rights

Bendigo & Adelaide Bank Ltd. ( (AU:BEN) ) just unveiled an announcement.

Bendigo & Adelaide Bank Limited has announced the issuance of 17,743 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the end of the restriction period, indicating the bank’s efforts to incentivize and retain its employees, potentially impacting its operational efficiency and stakeholder engagement.

More about Bendigo & Adelaide Bank Ltd.

Bendigo & Adelaide Bank Limited operates in the financial services industry, providing a range of banking products and services. The company focuses on retail banking, business banking, and wealth management, primarily serving the Australian market.

YTD Price Performance: 6.57%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $3.82B

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

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