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Central Petroleum Grants 7.4 Million Unquoted Share Rights Under Employee Scheme

Story Highlights
  • Central Petroleum issued 7.4 million unquoted share rights under its employee incentive scheme.
  • The new share rights align staff with shareholders while not increasing quoted ASX securities immediately.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central Petroleum Grants 7.4 Million Unquoted Share Rights Under Employee Scheme

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Central Petroleum Limited ( (AU:CTP) ) just unveiled an update.

Central Petroleum Limited has issued 7,377,873 unquoted share rights under its employee incentive scheme, effective 18 December 2025. The award of these unlisted equity securities is designed to align staff and executive interests with shareholders and supports the company’s ongoing efforts to retain and motivate key personnel, although it does not immediately affect the number of quoted shares on the ASX.

The most recent analyst rating on (AU:CTP) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Central Petroleum Limited stock, see the AU:CTP Stock Forecast page.

More about Central Petroleum Limited

Central Petroleum Limited is an Australian oil and gas exploration and production company listed on the ASX under the code CTP, focused on onshore hydrocarbon assets and related energy developments.

Average Trading Volume: 421,545

Technical Sentiment Signal: Sell

Current Market Cap: A$47.42M

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

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