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Korvest Ltd Issues Unquoted Performance Rights to Employees

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Korvest Ltd Issues Unquoted Performance Rights to Employees

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Korvest Ltd. ( (AU:KOV) ) has shared an update.

Korvest Ltd announced the issuance of 53,303 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize its workforce, potentially enhancing employee engagement and aligning their interests with the company’s growth objectives.

The most recent analyst rating on (AU:KOV) stock is a Buy with a A$14.50 price target. To see the full list of analyst forecasts on Korvest Ltd. stock, see the AU:KOV Stock Forecast page.

More about Korvest Ltd.

Korvest Ltd operates in the industrial sector, focusing on the production and supply of infrastructure and industrial products. The company is known for its range of products including cable and pipe supports, industrial access systems, and walkway systems, serving various market segments.

Average Trading Volume: 6,231

Technical Sentiment Signal: Buy

Current Market Cap: A$158M

Learn more about KOV stock on TipRanks’ Stock Analysis page.

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