EROAD ( (ERDLF) ) just unveiled an update.
EROAD Limited has issued 251,686 fully paid ordinary shares as part of the vesting of performance share rights under its Share Retention Plan. This issuance represents 0.13% of the total class of financial products and is intended to account for participant tax liabilities, which are paid in cash to relevant tax authorities. The shares issued rank equally with existing ordinary shares, reflecting EROAD’s commitment to rewarding performance and maintaining shareholder value.
More about EROAD
EROAD Limited operates in the technology and transportation industry, providing innovative solutions for fleet management, regulatory compliance, and vehicle telematics. The company focuses on enhancing operational efficiency and safety for commercial vehicle operators.
YTD Price Performance: -7.58%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $107.5M
Learn more about ERDLF stock on TipRanks’ Stock Analysis page.