Myer Issues 372,766 Unquoted Performance Rights Under Employee Incentive Scheme

Myer Holdings Limited ( (AU:MYR) ) has issued an update.

Myer Holdings Limited has notified the market of the issue of 372,766 unquoted performance rights under its employee incentive scheme. The securities, which are not intended to be quoted on the ASX and were issued on 9 March 2026, underscore the company’s ongoing use of equity-based remuneration to align staff incentives with shareholder interests and longer-term performance goals.

The most recent analyst rating on (AU:MYR) stock is a Sell with a A$0.28 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 an Australian department store group listed on the ASX under the code MYR. The company operates large-format retail stores offering a broad range of apparel, cosmetics, homewares and general merchandise to consumers nationwide.

YTD Price Performance: -40.0%

Average Trading Volume: 6,662,870

Technical Sentiment Signal: Sell

Current Market Cap: A$492.4M

See more data about MYR stock on TipRanks’ Stock Analysis page.