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Gentrack Group Ltd ( (AU:GTK) ) has shared an announcement.
Gentrack Group Ltd has issued 4,977 ordinary shares as part payment for director remuneration, following a resolution approved by shareholders in February 2021. This issuance represents 0.005% of the total class of financial products, bringing the total number of ordinary shares to 107,726,873. This move aligns with the company’s strategy to manage director remuneration through equity securities, potentially impacting shareholder value and company governance.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$11.80 price target. To see the full list of analyst forecasts on Gentrack Group Ltd stock, see the AU:GTK Stock Forecast page.
More about Gentrack Group Ltd
Gentrack Group Ltd is a company that partners with leading utilities worldwide, focusing on transforming the energy and water sectors to meet business and sustainability targets. With over 35 years of experience, Gentrack collaborates with more than 60 energy and water companies. The company, in partnership with Salesforce and AWS, offers g2.0, an end-to-end product-to-profit solution that utilizes low code/no code and composable technology to help utilities launch new propositions quickly, reduce costs, and enhance the overall experience.
Average Trading Volume: 295,713
Technical Sentiment Signal: Hold
Current Market Cap: A$936M
Find detailed analytics on GTK stock on TipRanks’ Stock Analysis page.