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Macmahon Announces Lapse of 2.8 Million Performance Rights

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Macmahon Announces Lapse of 2.8 Million Performance Rights

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Macmahon Holdings Limited ( (AU:MAH) ) has provided an update.

Macmahon Holdings Limited has notified the ASX that a total of 2,827,097 performance rights have lapsed after the vesting conditions were not met or became incapable of being satisfied in December 2025. The cessation of these securities reflects an adjustment to Macmahon’s issued capital and implies that certain performance targets tied to these rights were not achieved, which may affect incentive outcomes for eligible participants but does not alter the company’s ordinary share capital structure.

The most recent analyst rating on (AU:MAH) stock is a Buy with a A$0.72 price target. To see the full list of analyst forecasts on Macmahon Holdings Limited stock, see the AU:MAH Stock Forecast page.

More about Macmahon Holdings Limited

Average Trading Volume: 3,139,937

Technical Sentiment Signal: Buy

Current Market Cap: A$1.4B

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

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