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An update from GR Engineering Services Ltd ( (AU:GNG) ) is now available.
GR Engineering Services Limited has notified the market that 41,500 performance rights (ASX code GNGAQ) have lapsed as of 31 December 2025 after the conditions attached to those rights were not, or could no longer be, satisfied. The cessation of these securities represents a minor adjustment to the company’s issued capital structure and reflects the non-fulfilment of performance hurdles under its incentive arrangements, with limited immediate operational or strategic impact indicated for shareholders or other stakeholders.
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 Limited is an Australian engineering company listed on the ASX under the code GNG. The company operates in the engineering and construction services sector, typically providing design, construction and project management services to resources and related industries.
Average Trading Volume: 267,863
Technical Sentiment Signal: Buy
Current Market Cap: A$755.6M
For an in-depth examination of GNG stock, go to TipRanks’ Overview page.

