Cochlear Limited (AU:COH) has released an update.
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Cochlear Limited has announced the issuance of various unquoted equity securities, including options, performance rights, deferred performance rights, and service rights, which were released on September 30, 2024. These securities are a component of the company’s employee incentive scheme and are not intended for ASX quotation. With this move, Cochlear aims to incentivize performance and service among its employees, reflecting the company’s investment in its workforce.
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