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Coles Group Issues New Performance Rights Under Employee Incentive Scheme

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Coles Group Issues New Performance Rights Under Employee Incentive Scheme

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Coles Group ( (AU:COL) ) has shared an announcement.

Coles Group Limited announced the issuance of 680,774 performance rights as part of an employee incentive scheme. These securities are not intended to be quoted on the ASX, reflecting the company’s ongoing efforts to incentivize and retain its workforce, which could impact its operational efficiency and market positioning.

The most recent analyst rating on (AU:COL) stock is a Hold with a A$23.50 price target. To see the full list of analyst forecasts on Coles Group stock, see the AU:COL Stock Forecast page.

More about Coles Group

Coles Group Limited is a major Australian retailer, primarily engaged in the supermarket and consumer goods industry. The company focuses on providing a wide range of grocery products and services to the Australian market.

Average Trading Volume: 2,335,849

Technical Sentiment Signal: Buy

Current Market Cap: A$29.33B

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

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