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EBOS Issues New Shares Under Employee Plan With Minimal Dilution

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EBOS Issues New Shares Under Employee Plan With Minimal Dilution

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The latest announcement is out from EBOS Group Limited ( (AU:EBO) ).

EBOS Group Limited has issued 6,237 fully paid ordinary shares at NZ$27.58 per share under its Employee Share Plan, representing approximately 0.0030% of its total ordinary shares on issue. Following this director-approved issuance, the company now has 205,031,863 ordinary shares on issue, indicating a routine, minor capital increase aimed at rewarding and retaining employees with minimal dilution for existing shareholders.

The most recent analyst rating on (AU:EBO) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on EBOS Group Limited stock, see the AU:EBO Stock Forecast page.

More about EBOS Group Limited

EBOS Group Limited is a New Zealand-listed company (NZX: EBO) that issues ordinary shares and operates an employee share plan to provide equity-based incentives to its staff, reflecting a corporate focus on employee ownership and alignment with shareholder interests.

Average Trading Volume: 123,206

Technical Sentiment Signal: Sell

Current Market Cap: A$4.68B

For a thorough assessment of EBO stock, go to TipRanks’ Stock Analysis page.

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