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Corporate Travel Management Limited ( (AU:CTD) ) has provided an announcement.
Corporate Travel Management Limited has notified the market of the cessation of 89,208 performance rights, which lapsed on 31 December 2025 after the conditions attached to these rights were not satisfied. The lapse reduces the company’s pool of potential equity-based incentives, indicating that certain performance or service hurdles linked to these rights were not met, and slightly alters the company’s prospective issued capital structure, with implications for employee or executive remuneration arrangements and future dilution for existing shareholders.
The most recent analyst rating on (AU:CTD) stock is a Sell with a A$7.60 price target. To see the full list of analyst forecasts on Corporate Travel Management Limited stock, see the AU:CTD Stock Forecast page.
More about Corporate Travel Management Limited
Corporate Travel Management Limited is an Australian-listed company (ASX: CTD) operating in the corporate travel services industry, providing travel management solutions to business and government clients. The group focuses on coordinating and optimising corporate travel programs across domestic and international markets.
Technical Sentiment Signal: Buy
Current Market Cap: A$2.35B
Find detailed analytics on CTD stock on TipRanks’ Stock Analysis page.