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The latest announcement is out from Generation Development Group Limited ( (AU:GDG) ).
Generation Development Group Limited announced that 1,234,569 performance rights from FY21 have lapsed due to unmet vesting conditions, while 1,383,459 performance rights from FY22 have vested, resulting in the issuance of the same number of fully paid ordinary shares. This development reflects the company’s ongoing management of performance rights and share issuance, impacting its equity structure and potentially affecting shareholder value.
The most recent analyst rating on (AU:GDG) stock is a Hold with a A$6.08 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.
More about Generation Development Group Limited
Average Trading Volume: 1,531,629
Technical Sentiment Signal: Buy
Current Market Cap: A$2.47B
See more data about GDG stock on TipRanks’ Stock Analysis page.