TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Bluglass ( (AU:BLG) ) just unveiled an announcement.
BluGlass Limited has issued 28,608,226 new fully paid ordinary shares to eligible employees under its Employee Incentive Plan, fulfilling their FY25 short-term incentive award entitlements. This move aligns with the company’s strategic efforts to incentivize its workforce and strengthen its market position in the competitive photonics industry.
More about Bluglass
BluGlass Limited (ASX:BLG) is a leading supplier of GaN laser diode products to the global photonics industry, focusing on the industrial, defense, bio-medical, and scientific markets. Listed on the ASX, BluGlass is one of a few end-to-end GaN laser manufacturers globally, offering custom laser diode development and manufacturing in Australia and the US. The company is recognized for its proprietary low temperature, low hydrogen, remote plasma chemical vapor deposition (RPCVD) technology, which enhances laser performance.
YTD Price Performance: -54.17%
Average Trading Volume: 2,368,243
Technical Sentiment Signal: Sell
Current Market Cap: A$28.34M
For a thorough assessment of BLG stock, go to TipRanks’ Stock Analysis page.