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Lovisa Holdings Ltd. ( (AU:LOV) ) has shared an announcement.
Lovisa Holdings Limited has notified the market of the issue of 38,601 unquoted performance rights expiring on 30 September 2028 under its employee incentive scheme. These new equity-based awards, which will not be quoted on the ASX, are part of the company’s ongoing use of long-term incentives to align staff and executive interests with shareholder value and support the retention and motivation of key personnel as Lovisa continues to execute its growth strategy.
The most recent analyst rating on (AU:LOV) stock is a Buy with a A$38.00 price target. To see the full list of analyst forecasts on Lovisa Holdings Ltd. stock, see the AU:LOV Stock Forecast page.
More about Lovisa Holdings Ltd.
Lovisa Holdings Limited, listed on the ASX under the code LOV, operates in the fashion jewellery and accessories industry, offering affordable, trend-driven products through a global retail network. The company focuses on fast-fashion jewellery targeted primarily at female consumers, operating company-owned stores and concessions in multiple international markets.
Average Trading Volume: 183,210
Technical Sentiment Signal: Hold
Current Market Cap: A$3.25B
See more insights into LOV stock on TipRanks’ Stock Analysis page.