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The latest update is out from Emeco Holdings Limited ( (AU:EHL) ).
Emeco Holdings Limited has announced the vesting of 1,067,119 performance rights under its FY23 employee long-term incentive plan, including 479,192 rights for CEO Ian Testrow. These rights can be converted into ordinary shares within five years, with shares already purchased on-market by Emeco. The performance rights were awarded based on key performance indicators tested over a three-year period, reflecting the company’s commitment to aligning employee incentives with business performance.
The most recent analyst rating on (AU:EHL) stock is a Buy with a A$1.23 price target. To see the full list of analyst forecasts on Emeco Holdings Limited stock, see the AU:EHL Stock Forecast page.
More about Emeco Holdings Limited
Emeco Holdings Limited operates in the equipment rental industry, providing heavy earthmoving equipment solutions to the mining sector. The company focuses on delivering reliable and cost-effective equipment services to enhance operational efficiency for its clients.
Average Trading Volume: 710,945
Technical Sentiment Signal: Buy
Current Market Cap: A$539.8M
See more insights into EHL stock on TipRanks’ Stock Analysis page.