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Experience Co Cuts Share Count as Performance Rights Lapse and Buy-Back Cancels Stock

Story Highlights
  • Experience Co confirmed 461,246 performance rights lapsed after conditions were not satisfied.
  • The company cancelled 1,402,523 ordinary shares through an on-market buy-back, reducing share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Experience Co Cuts Share Count as Performance Rights Lapse and Buy-Back Cancels Stock

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Experience Co Ltd ( (AU:EXP) ) just unveiled an update.

Experience Co Ltd, the ASX-listed adventure tourism operator, has updated the market on changes to its issued capital following the cessation of certain securities. The company reported the lapse of 461,246 performance rights after the relevant conditions were not met or became incapable of being satisfied, and the cancellation of 1,402,523 fully paid ordinary shares pursuant to an on-market buy-back completed on 31 December 2025. These actions reduce the company’s outstanding equity instruments and share count, signalling ongoing capital management and potential consolidation of value for remaining shareholders.

The most recent analyst rating on (AU:EXP) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Experience Co Ltd stock, see the AU:EXP Stock Forecast page.

More about Experience Co Ltd

Experience Co Ltd is an Australian-listed company on the ASX (code: EXP). While this filing does not describe its operations, EXP is known as an adventure and tourism operator, offering experiences such as skydiving and other outdoor activities to domestic and international customers.

Average Trading Volume: 239,624

Technical Sentiment Signal: Sell

Current Market Cap: A$98.22M

See more insights into EXP stock on TipRanks’ Stock Analysis page.

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