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An update from Mirvac Group ( (AU:MGR) ) is now available.
Mirvac Group has notified the market of the cessation of 38,716 LTP performance rights (ASX code MGRAK) following the lapse of conditional rights that could not be satisfied as of 30 November 2025. The lapse reduces the pool of potential equity-based remuneration tied to these long-term performance incentives, marginally affecting Mirvac’s issued capital structure and reflecting performance or condition outcomes linked to this tranche of rights.
The most recent analyst rating on (AU:MGR) stock is a Buy with a A$2.55 price target. To see the full list of analyst forecasts on Mirvac Group stock, see the AU:MGR Stock Forecast page.
More about Mirvac Group
Mirvac Group, listed on the ASX under the code MGR, is a diversified Australian property group comprising Mirvac Limited and Mirvac Property Trust, operating across investment, development and management of real estate assets.
Average Trading Volume: 12,653,285
Technical Sentiment Signal: Hold
Current Market Cap: A$7.97B
See more insights into MGR stock on TipRanks’ Stock Analysis page.