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EBOS Issues New Shares Under Employee Share Plan

Story Highlights
  • EBOS Group issued 5,989 new fully paid ordinary shares to participants under its Employee Share Plan.
  • The issue, a minimal 0.0029% dilution, lifts total ordinary shares to 205,025,626 and supports equity-based staff incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EBOS Issues New Shares Under Employee Share Plan

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EBOS Group Limited ( (AU:EBO) ) just unveiled an update.

EBOS Group Limited has issued 5,989 fully paid ordinary shares at NZ$28.13 per share under its Employee Share Plan, following a directors’ resolution and with no special restrictions or escrow arrangements disclosed. The new shares, which represent approximately 0.0029% of the company’s ordinary share capital, increase the total number of ordinary shares on issue to 205,025,626 and reflect the ongoing use of equity-based compensation to align employees’ interests with those of shareholders, though the capital impact is minimal.

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 (ticker: EBO) that issues ordinary shares traded in NZD and operates an employee share plan for its staff, using equity in the company as part of its remuneration and incentive framework.

Average Trading Volume: 122,178

Technical Sentiment Signal: Sell

Current Market Cap: A$4.92B

See more insights into EBO stock on TipRanks’ Stock Analysis page.

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