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Generation Development Group Rewards Employees with Share Issuance

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Generation Development Group Rewards Employees with Share Issuance

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An announcement from Generation Development Group Limited ( (AU:GDG) ) is now available.

Generation Development Group Limited has issued $1,000 worth of new fully paid ordinary shares to 191 eligible employees as part of its Employee Tax Exempt Share Plan. This initiative recognizes the employees’ contributions and aims to enhance employee engagement and retention, with the shares being restricted from trading until certain conditions are met.

The most recent analyst rating on (AU:GDG) stock is a Buy with a A$7.50 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

Generation Development Group Limited operates in the financial services industry, focusing on providing investment and wealth management solutions. The company is listed on the Australian Securities Exchange (ASX) under the ticker GDG.

YTD Price Performance: 86.49%

Average Trading Volume: 1,792,098

Technical Sentiment Signal: Buy

Current Market Cap: A$2.64B

For detailed information about GDG stock, go to TipRanks’ Stock Analysis page.

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