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Jumbo Interactive Issues New Equity Securities for Employee Incentive

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Jumbo Interactive Issues New Equity Securities for Employee Incentive

TipRanks Black Friday Sale

Jumbo Interactive Limited ( (AU:JIN) ) just unveiled an announcement.

Jumbo Interactive Limited announced the issuance of 535,930 new unquoted equity securities in the form of LTI Options as part of an employee incentive scheme. This move is aimed at strengthening employee engagement and aligning interests with the company’s long-term goals, potentially impacting its operational dynamics and market positioning.

The most recent analyst rating on (AU:JIN) stock is a Buy with a A$16.80 price target. To see the full list of analyst forecasts on Jumbo Interactive Limited stock, see the AU:JIN Stock Forecast page.

More about Jumbo Interactive Limited

Jumbo Interactive Limited operates in the online lottery industry, providing digital lottery services and solutions. The company focuses on leveraging technology to enhance the lottery experience for consumers and partners in various markets.

YTD Price Performance: -24.64%

Average Trading Volume: 333,912

Technical Sentiment Signal: Sell

Current Market Cap: A$634.9M

For detailed information about JIN stock, go to TipRanks’ Stock Analysis page.

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