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IDT Australia Limited Issues Unquoted Equity Securities

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IDT Australia Limited Issues Unquoted Equity Securities

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The latest update is out from IDT Australia Limited ( (AU:IDT) ).

IDT Australia Limited has announced the issuance of unquoted equity securities in the form of performance rights under an employee incentive scheme. The securities, which are not intended to be quoted on the ASX, include 262,686 performance rights vesting on August 31, 2025, 538,108 vesting on September 30, 2027, and 459,695 vesting on September 30, 2026. This move is likely aimed at incentivizing employees and aligning their interests with the company’s long-term goals.

More about IDT Australia Limited

Average Trading Volume: 214,669

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$28.47M

See more data about IDT stock on TipRanks’ Stock Analysis page.

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