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Fleetwood Limited ( (AU:FWD) ) just unveiled an update.
Fleetwood Limited has notified the market of the issue of 53,658 unquoted performance rights under its employee incentive scheme, with the securities subject to transfer restrictions and not quoted on the ASX until those restrictions expire. The move reflects the company’s continued use of equity-based remuneration to incentivise and retain staff, aligning employee interests with shareholder value through long-term performance-linked awards.
The most recent analyst rating on (AU:FWD) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Fleetwood Limited stock, see the AU:FWD Stock Forecast page.
More about Fleetwood Limited
Average Trading Volume: 258,546
Technical Sentiment Signal: Buy
Current Market Cap: A$251.8M
Learn more about FWD stock on TipRanks’ Stock Analysis page.