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An update from Monadelphous Group Limited ( (AU:MND) ) is now available.
Monadelphous Group Limited has notified the market that 5,968 performance rights (ASX code: MNDAE) have lapsed after the conditions attached to those rights were not satisfied by 31 December 2025. The cessation of these rights represents a minor adjustment to the company’s issued capital and reflects performance or vesting hurdles not being met, with limited immediate impact expected on existing shareholders but offering some insight into the company’s performance against internal incentive targets.
The most recent analyst rating on (AU:MND) stock is a Buy with a A$28.75 price target. To see the full list of analyst forecasts on Monadelphous Group Limited stock, see the AU:MND Stock Forecast page.
More about Monadelphous Group Limited
Monadelphous Group Limited is an Australian engineering company listed on the ASX, operating primarily in the resources, energy and infrastructure sectors. It provides engineering construction, maintenance and industrial services to mining, oil and gas, and infrastructure clients, with a focus on large-scale projects and long-term service contracts.
YTD Price Performance: 2.41%
Average Trading Volume: 219,320
Technical Sentiment Signal: Buy
Current Market Cap: A$2.72B
For detailed information about MND stock, go to TipRanks’ Stock Analysis page.