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Gentrack Group Ltd ( (AU:GTK) ) has shared an announcement.
Gentrack Group Ltd announced the vesting of performance rights resulting in the issuance of 1,503,330 new ordinary shares to its CEO, Gary Keith Miles, under the 2022 CEO Award and the Gentrack Senior Management LTI Scheme. This development increases the CEO’s shareholding significantly, reflecting the company’s commitment to aligning management incentives with shareholder interests, potentially impacting stakeholder confidence and market perception positively.
The most recent analyst rating on (AU:GTK) stock is a Buy with a A$10.00 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 operates in the technology industry, providing software solutions primarily for utilities and airports. The company focuses on delivering innovative and efficient systems to enhance operational performance and customer engagement for its clients.
Average Trading Volume: 271,256
Technical Sentiment Signal: Sell
Current Market Cap: A$904.5M
See more insights into GTK stock on TipRanks’ Stock Analysis page.