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Growthpoint Properties Australia Issues Unquoted Securities

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Growthpoint Properties Australia Issues Unquoted Securities

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Growthpoint Properties Australia ( (AU:GOZ) ) just unveiled an announcement.

Growthpoint Properties Australia has announced the issuance of 1,178,629 unquoted securities in the form of performance rights under an employee incentive scheme. These securities are subject to transfer restrictions and are not quoted on the ASX until the restriction period ends, reflecting the company’s strategy to incentivize and retain key personnel.

The most recent analyst rating on (AU:GOZ) stock is a Buy with a A$2.60 price target. To see the full list of analyst forecasts on Growthpoint Properties Australia stock, see the AU:GOZ Stock Forecast page.

More about Growthpoint Properties Australia

Growthpoint Properties Australia operates in the real estate industry, focusing on investment in and management of commercial properties. The company is known for its portfolio of office and industrial properties across Australia, catering to a diverse range of tenants.

Average Trading Volume: 548,204

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.92B

Learn more about GOZ stock on TipRanks’ Stock Analysis page.

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