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Kogan.com ( (AU:KGN) ) has issued an update.
Kogan.com has announced the issuance of 765,632 performance rights as part of an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, reflecting the company’s strategy to motivate and retain its workforce, which could enhance operational performance and shareholder value.
The most recent analyst rating on (AU:KGN) stock is a Hold with a A$3.50 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 prominent player in the e-commerce industry, primarily offering a wide range of consumer electronics, home appliances, and other general merchandise. The company focuses on providing competitive pricing and a diverse product selection to cater to the needs of online shoppers in the Australian market.
YTD Price Performance: -49.88%
Average Trading Volume: 601,334
Technical Sentiment Signal: Sell
Current Market Cap: A$299.9M
See more insights into KGN stock on TipRanks’ Stock Analysis page.