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The latest announcement is out from Myer Holdings Limited ( (AU:MYR) ).
Myer Holdings Limited has announced a new application for the quotation of 2,689,176 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions, indicating a strategic move to incentivize employees and potentially enhance company performance.
The most recent analyst rating on (AU:MYR) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Myer Holdings Limited stock, see the AU:MYR Stock Forecast page.
More about Myer Holdings Limited
Myer Holdings Limited is a prominent player in the retail industry, primarily focusing on department store operations. The company offers a wide range of products including fashion, beauty, homewares, and electronics, catering to a diverse customer base across Australia.
Average Trading Volume: 7,789,091
Technical Sentiment Signal: Sell
Current Market Cap: A$836.7M
For an in-depth examination of MYR stock, go to TipRanks’ Overview page.