Coronado Global Resources Reports Director’s Change in Securities

Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ) has provided an announcement.

Coronado Global Resources Inc. announced a change in the director’s interest, indicating that a portion of the performance stock units (PSUs) issued under its 2018 Equity Incentive Plan have lapsed. Specifically, out of the 598,291 PSUs awarded in 2022, only 369,146 were conditionally earned, resulting in the lapse of 229,145 PSUs. This adjustment, determined by the Compensation and Nominating Committee, affects the total securities held by the director, potentially impacting the company’s governance and stakeholder perception.

More about Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh

Coronado Global Resources Inc. is engaged in the coal industry, primarily focusing on the production and sale of metallurgical coal, which is a critical component in steel manufacturing. The company operates both in the U.S. and Australia, serving a global market with significant emphasis on industrial applications.

YTD Price Performance: -13.82%

Average Trading Volume: 1,984,658

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.1B

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