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Bendigo & Adelaide Bank ( (AU:BEN) ) has provided an announcement.
Bendigo & Adelaide Bank Limited has announced the issuance of 371,607 performance rights under its employee incentive scheme, which are currently unquoted and subject to transfer restrictions. This move is part of the bank’s strategy to align employee interests with company performance, potentially impacting employee motivation and retention, as well as the bank’s overall market positioning.
The most recent analyst rating on (AU:BEN) stock is a Hold with a A$10.60 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.
More about Bendigo & Adelaide Bank
Bendigo & Adelaide Bank Limited operates in the financial services industry, providing banking products and services including loans, deposits, and wealth management solutions. The bank focuses on serving individuals, businesses, and communities across Australia.
Average Trading Volume: 1,069,118
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.26B
For a thorough assessment of BEN stock, go to TipRanks’ Stock Analysis page.