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Meridian Energy Limited ( (MDDNF) ) just unveiled an update.
Meridian Energy Limited announced the cancellation of 18,914 performance share rights for certain senior managers. These rights were initially issued under the Meridian Executive Long-Term Incentive Scheme in October 2023 and October 2024. This move is part of the company’s ongoing management of its incentive plans, impacting a small fraction of its total financial products. The cancellation reflects the company’s strategic decisions regarding its executive compensation structure.
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 under the ticker MEL and on the ASX as MEZ. The company primarily focuses on renewable energy generation and is involved in the production and distribution of electricity.
For detailed information about MDDNF stock, go to TipRanks’ Stock Analysis page.