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KMD Brands Grants 17.5m Performance Rights Under Long-Term Incentive Plan

Story Highlights
  • KMD Brands has granted 17.46 million performance rights to selected senior management.
  • Rights vest in 2028 based on EPS growth and relative shareholder return performance targets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
KMD Brands Grants 17.5m Performance Rights Under Long-Term Incentive Plan

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KMD Brands Limited ( (AU:KMD) ) has shared an announcement.

KMD Brands Limited has issued 17,460,730 unquoted Performance Rights under its Long-Term Incentive Plan to selected senior management, with each right convertible into one fully paid ordinary share at no cost if stringent performance and service conditions are met. Vesting of these rights, scheduled for 30 September 2028, is split evenly between achieving specified compound annual growth in earnings per share over a three-year period and delivering total shareholder returns relative to a defined peer group, reinforcing management alignment with shareholder interests while tying future equity dilution to clear performance outcomes.

The most recent analyst rating on (AU:KMD) stock is a Hold with a A$0.30 price target. To see the full list of analyst forecasts on KMD Brands Limited stock, see the AU:KMD Stock Forecast page.

More about KMD Brands Limited

KMD Brands Limited, listed on the NZX under the ticker KMD, operates in the retail and outdoor apparel sector, offering branded clothing and equipment to consumers. The company focuses on building shareholder value through long-term performance-based incentives for its senior management team, aligning executive rewards with earnings growth and shareholder returns.

Average Trading Volume: 497,429

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$167.9M

Find detailed analytics on KMD stock on TipRanks’ Stock Analysis page.

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