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An announcement from GR Engineering Services Ltd ( (AU:GNG) ) is now available.
GR Engineering Services Ltd has issued 80,000 fully paid ordinary shares to employees as part of its 2019 Equity Incentive Plan. This move, executed without the need for investor disclosure under the Corporations Act, signifies the company’s commitment to rewarding its workforce, potentially enhancing employee retention and aligning staff interests with company performance.
The most recent analyst rating on (AU:GNG) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on GR Engineering Services Ltd stock, see the AU:GNG Stock Forecast page.
More about GR Engineering Services Ltd
GR Engineering Services Ltd operates in the engineering sector, providing design and construction services. The company focuses on delivering engineering solutions primarily for the resources and energy industries.
Average Trading Volume: 207,126
Technical Sentiment Signal: Buy
Current Market Cap: A$738M
See more data about GNG stock on TipRanks’ Stock Analysis page.