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The latest announcement is out from Mirvac Group ( (AU:MGR) ).
Mirvac Group has announced the issuance of 990,627 unquoted equity securities in the form of STI performance rights as part of an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted, reflecting the company’s ongoing efforts to incentivize and retain its workforce, potentially impacting its operational performance and stakeholder interests.
The most recent analyst rating on (AU:MGR) stock is a Hold with a A$2.50 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 operates in the real estate industry, focusing on property development and investment. The company is known for its residential, retail, office, and industrial property projects across Australia.
Average Trading Volume: 12,130,540
Technical Sentiment Signal: Buy
Current Market Cap: A$9.23B
See more data about MGR stock on TipRanks’ Stock Analysis page.