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Lendlease to Acquire Securities for Employee Awards

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Lendlease to Acquire Securities for Employee Awards

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The latest update is out from Lendlease Group ( (AU:LLC) ).

Lendlease Group has announced its intention to purchase approximately 3,033,820 of its securities on the market to support its employee security plan and deferred employee awards. This move is expected to enhance employee engagement and align interests with shareholders, potentially impacting the company’s operational dynamics and market positioning.

The most recent analyst rating on (AU:LLC) stock is a Hold with a A$6.05 price target. To see the full list of analyst forecasts on Lendlease Group stock, see the AU:LLC Stock Forecast page.

More about Lendlease Group

Lendlease Group is a multinational construction, property, and infrastructure company based in Australia. It focuses on developing and managing properties and infrastructure projects globally, offering services in urban regeneration, construction, and investment management.

YTD Price Performance: -10.06%

Average Trading Volume: 1,958,494

Technical Sentiment Signal: Sell

Current Market Cap: A$3.8B

For a thorough assessment of LLC stock, go to TipRanks’ Stock Analysis page.

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