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Meridian Energy Announces Share Buyback Under FY26 Equity Plans

Story Highlights
  • Meridian Energy operates in the energy sector, focusing on electricity generation and retail.
  • The company acquired 265,399 shares under its FY26 equity plans buyback, aligning incentives with shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Meridian Energy Announces Share Buyback Under FY26 Equity Plans

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The latest update is out from Meridian Energy Limited ( (MDDNF) ).

Meridian Energy Limited has announced a capital change involving the acquisition of 265,399 ordinary shares as part of its FY26 equity plans buyback. This move is aligned with the company’s long-term incentive scheme and the newly introduced Deferred Equity short-term incentive plan for executives, reflecting its strategic focus on aligning employee incentives with shareholder interests.

More about Meridian Energy Limited

Meridian Energy Limited is a New Zealand-based company operating in the energy sector. It is listed on the NZX and ASX stock exchanges under the ticker codes MEL and MEZ, respectively. The company primarily focuses on generating and retailing electricity, with a commitment to sustainable energy solutions.

For an in-depth examination of MDDNF stock, go to TipRanks’ Overview page.

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