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Goodman Group ( (AU:GMG) ) just unveiled an announcement.
Goodman Group announced the issuance of 12,532,700 performance rights under an employee incentive scheme, which are unquoted and subject to transfer restrictions until the restriction period ends. This move is part of the company’s strategy to align employee interests with long-term company performance, potentially enhancing stakeholder value and reinforcing its competitive position in the logistics real estate sector.
The most recent analyst rating on (AU:GMG) stock is a Hold with a A$34.73 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
More about Goodman Group
Goodman Group operates in the real estate industry, focusing on logistics and industrial properties. The company provides property development, management, and investment services, with a market focus on high-quality logistics spaces.
Average Trading Volume: 2,949,150
Technical Sentiment Signal: Hold
Current Market Cap: A$67.44B
For a thorough assessment of GMG stock, go to TipRanks’ Stock Analysis page.