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Kogan.com Issues New Shares Following Performance Rights Vesting

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Kogan.com Issues New Shares Following Performance Rights Vesting

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The latest announcement is out from Kogan.com ( (AU:KGN) ).

Kogan.com Ltd announced the issuance of 307,381 fully paid ordinary shares due to the vesting of performance rights under its Equity Incentive Plan. The company has applied for the quotation of these shares on the ASX and confirmed compliance with relevant provisions of the Corporations Act, ensuring transparency and informed assessment for investors.

The most recent analyst rating on (AU:KGN) stock is a Buy with a A$7.50 price target. To see the full list of analyst forecasts on Kogan.com stock, see the AU:KGN Stock Forecast page.

More about Kogan.com

Kogan.com is a diversified portfolio of retail and service businesses, including Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Money, Kogan Energy, Kogan Travel, and others. It is a leading consumer brand known for price leadership through digital efficiency, focusing on delivering remarkable value to help customers live their best lives.

YTD Price Performance: -34.13%

Average Trading Volume: 357,104

Technical Sentiment Signal: Sell

Current Market Cap: A$400.2M

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

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