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CZR Resources Ltd ( (AU:CZR) ) has provided an announcement.
CZR Resources Ltd has disclosed a change in Managing Director Stefan Murphy’s security holdings following the vesting and partial cash settlement of performance rights. Murphy disposed of 700,000 performance rights expiring 30 November 2027, with half settled in cash by the company and the remaining 350,000 converted into fully paid ordinary shares, increasing his direct shareholding to 1,526,472 shares while maintaining his longer-dated performance rights and options structure. The transaction reflects the execution of an incentive mechanism previously approved by shareholders, aligning executive remuneration with equity performance and further tying the director’s interests to the company’s long-term share price outcomes.
The most recent analyst rating on (AU:CZR) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on CZR Resources Ltd stock, see the AU:CZR Stock Forecast page.
More about CZR Resources Ltd
Average Trading Volume: 594,225
Technical Sentiment Signal: Buy
Current Market Cap: A$101.6M
For detailed information about CZR stock, go to TipRanks’ Stock Analysis page.