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Excite Technology Services to Issue 53.7 Million Unquoted Performance Rights Under Staff Scheme

Story Highlights
  • Excite Technology Services will issue 53.7 million unquoted performance rights in November 2025.
  • The new performance rights expand its employee incentive scheme to align staff with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Excite Technology Services to Issue 53.7 Million Unquoted Performance Rights Under Staff Scheme

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Excite Technology Services ( (AU:EXT) ) has issued an announcement.

Excite Technology Services Ltd has notified the ASX of the planned issue of 53,735,000 unquoted performance rights under its employee incentive scheme, with an issue date of 5 November 2025. The large grant of performance rights signals the company’s continued use of equity-based incentives to attract and retain staff, potentially aligning employee interests more closely with long-term shareholder value while increasing the pool of unquoted securities on issue.

The most recent analyst rating on (AU:EXT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Excite Technology Services stock, see the AU:EXT Stock Forecast page.

More about Excite Technology Services

Excite Technology Services Ltd is an Australia-listed technology services company trading on the ASX under the code EXT. The business is positioned within the broader technology and services sector, though the announcement does not provide further detail about its specific product lines or customer markets.

Average Trading Volume: 6,338,595

Technical Sentiment Signal: Sell

Current Market Cap: A$17.27M

Learn more about EXT stock on TipRanks’ Stock Analysis page.

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