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Lindsay Australia Limited ( (AU:LAU) ) has shared an update.
Lindsay Australia Limited has announced the issuance of 4,840,250 unquoted equity securities under an employee incentive scheme. This move is part of the company’s strategy to incentivize its workforce and potentially enhance its operational performance. The issuance of these securities is not intended to be quoted on the ASX, indicating a focus on internal stakeholder engagement and long-term employee retention.
The most recent analyst rating on (AU:LAU) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Lindsay Australia Limited stock, see the AU:LAU Stock Forecast page.
More about Lindsay Australia Limited
Average Trading Volume: 816,537
Technical Sentiment Signal: Sell
Current Market Cap: A$218.7M
Learn more about LAU stock on TipRanks’ Stock Analysis page.