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EBOS Updates Market on Lapse of Performance Rights

Story Highlights
  • EBOS Group is a major trans-Tasman distributor and marketer of healthcare and pharmaceutical products.
  • The company reported 6,465 performance rights have lapsed, leaving 1,444,595 rights on issue and slightly reducing potential dilution from incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EBOS Updates Market on Lapse of Performance Rights

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EBOS Group Limited ( (AU:EBO) ) has issued an announcement.

EBOS Group Limited has reported that 6,465 performance rights have lapsed, leaving 1,444,595 performance rights currently on issue. The adjustment marginally reduces the potential future dilution from equity-based incentives and provides investors with an updated picture of the company’s outstanding performance rights, clarifying the scale of its long-term incentive arrangements for key personnel.

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 trans-Tasman healthcare and pharmaceutical products distributor and marketer, serving pharmacies, hospitals, medical professionals and other healthcare providers in New Zealand and Australia.

Average Trading Volume: 131,055

Technical Sentiment Signal: Sell

Current Market Cap: A$4.55B

For an in-depth examination of EBO stock, go to TipRanks’ Overview page.

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