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Bendigo & Adelaide Bank Issues Unquoted Equity Securities

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Bendigo & Adelaide Bank Issues Unquoted Equity Securities

Elevate Your Investing Strategy:

Bendigo & Adelaide Bank ( (AU:BEN) ) has shared an announcement.

Bendigo & Adelaide Bank Limited has announced the issuance of unquoted equity securities under an employee incentive scheme. This issuance involves performance rights that are subject to transfer restrictions and are not quoted on the ASX until these restrictions are lifted, potentially impacting employee engagement and retention strategies.

The most recent analyst rating on (AU:BEN) stock is a Hold with a A$11.30 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. The company focuses on retail banking, offering a range of financial solutions including loans, savings accounts, and investment services, primarily within the Australian market.

Average Trading Volume: 1,585,046

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$6.81B

Find detailed analytics on BEN stock on TipRanks’ Stock Analysis page.

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