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Contact Energy Limited ( (COENF) ) just unveiled an announcement.
Contact Energy Limited has issued 667,518 ordinary shares as part of its Employee Equity Scheme, representing 0.07% of its total ordinary shares. This issuance, authorized by the company’s directors, aims to reward and incentivize employees, potentially strengthening employee engagement and aligning their interests with the company’s long-term goals.
More about Contact Energy Limited
Contact Energy Limited operates in the energy sector, primarily focusing on the generation and retail of electricity and natural gas. The company is a significant player in the New Zealand market, providing energy solutions to both residential and commercial customers.
See more insights into COENF stock on TipRanks’ Stock Analysis page.