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Fortescue Metals Group Ltd ( (AU:FMG) ) has provided an announcement.
Fortescue Ltd has notified the market that 1,309 performance rights (ASX code: FMGAK) have lapsed after the conditions attached to those rights were not met or became incapable of being satisfied as of 23 December 2025. The cessation of these securities represents a small adjustment to the company’s issued capital structure and reflects the outcome of its performance-based incentive arrangements, with no broader operational changes or direct impacts on its core mining activities indicated in the filing.
The most recent analyst rating on (AU:FMG) stock is a Sell with a A$18.50 price target. To see the full list of analyst forecasts on Fortescue Metals Group Ltd stock, see the AU:FMG Stock Forecast page.
More about Fortescue Metals Group Ltd
Fortescue Ltd is a major Australian iron ore producer listed on the ASX, operating primarily in the resources sector with a focus on mining, production and export of iron ore to global markets.
YTD Price Performance: 3.18%
Average Trading Volume: 6,503,044
Technical Sentiment Signal: Buy
Current Market Cap: A$69.89B
See more insights into FMG stock on TipRanks’ Stock Analysis page.