Meridian Energy Limited (MDDNF) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Meridian Energy Limited has announced the acquisition of 275,891 ordinary shares as part of its long-term incentive scheme, aimed at rewarding participants with shares if performance targets are met. This transaction, valued at NZD $5.8974 per share, represents a strategic move to bolster its employee incentive program. The acquisition accounts for a small percentage of the total share class, highlighting a focused approach to employee engagement.
For further insights into MDDNF stock, check out TipRanks’ Stock Analysis page.