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Mercury NZ Ltd. Issues Shares Under Incentive Plan

Mercury NZ Ltd. Issues Shares Under Incentive Plan

Mercury NZ Ltd. (MGHTF) has released an update.

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Mercury NZ Ltd., a company that generates and retails electricity from 100% renewable sources, has announced the issuance of 66,793 shares to participants in its Executive Long Term Incentive Plan. The shares, drawn from treasury stock, were issued at no cost in accordance with the plan’s provisions. This capital change reflects a minute 0.0048% increase in the company’s total issued ordinary shares, excluding treasury stock.

For further insights into MGHTF stock, check out TipRanks’ Stock Analysis page.

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