EROAD (ERDLF) has released an update.
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EROAD Limited has issued 195,835 ordinary shares as part of the vesting of Performance Share Rights under their Share Retention Plan, with no cash payment required from the holders. These shares represent a minor 0.11% increase in EROAD’s total shares, now totaling 185,016,857, with no treasury stock held. The vesting, which occurred on 30 May 2024, also saw the lapse of over 207,000 PSRs due to unmet conditions and tax liabilities.
For further insights into ERDLF stock, check out TipRanks’ Stock Analysis page.