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MAAS Group Issues 823,391 Unquoted Performance Rights Under Staff Incentive Plan

Story Highlights
  • MAAS Group issued 823,391 unquoted performance rights under its employee incentive scheme.
  • The new performance rights are transfer-restricted and unquoted, aligning staff incentives with long-term performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MAAS Group Issues 823,391 Unquoted Performance Rights Under Staff Incentive Plan

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MAAS Group Holdings Ltd. ( (AU:MGH) ) has shared an update.

MAAS Group Holdings has issued 823,391 unquoted performance rights under its employee incentive scheme, with these securities subject to transfer restrictions and not quoted on the ASX until those restrictions lapse. The move underscores the company’s continued use of equity-based remuneration to align staff incentives with longer-term company performance and shareholder interests.

The most recent analyst rating on (AU:MGH) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on MAAS Group Holdings Ltd. stock, see the AU:MGH Stock Forecast page.

More about MAAS Group Holdings Ltd.

Average Trading Volume: 433,319

Technical Sentiment Signal: Buy

Current Market Cap: A$1.99B

See more insights into MGH stock on TipRanks’ Stock Analysis page.

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