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Challenger Announces Lapse of 73,857 Performance Rights

Story Highlights
  • Challenger Limited reported that 73,857 performance rights lapsed after their conditions were not met.
  • The lapse of these performance rights adjusts Challenger’s issued capital without issuing new shares to holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Challenger Announces Lapse of 73,857 Performance Rights

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The latest update is out from Challenger ( (AU:CGF) ).

Challenger Limited has notified the market that 73,857 performance rights (ASX code: CGFAA) have lapsed as of 31 December 2025 after the conditions attached to those rights were not met or became incapable of being satisfied. The cessation of these securities reflects an adjustment to Challenger’s issued capital under its performance-based incentive arrangements, with no new shares issued as a result, and signals that certain performance hurdles tied to these rights were not achieved over the relevant period.

The most recent analyst rating on (AU:CGF) stock is a Buy with a A$10.25 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.

More about Challenger

Challenger Limited (ASX: CGF) is an Australian-listed financial services company focused on providing investment products and solutions, including retirement and income-focused offerings, to investors and institutions.

YTD Price Performance: -2.98%

Average Trading Volume: 1,392,270

Technical Sentiment Signal: Buy

Current Market Cap: A$6.28B

See more data about CGF stock on TipRanks’ Stock Analysis page.

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