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NAB Announces Cessation of Performance Rights

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NAB Announces Cessation of Performance Rights

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The latest update is out from National Australia Bank Limited ( (AU:NAB) ).

National Australia Bank Limited has announced the cessation of 11,940 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation reflects on the company’s capital management strategies and could have implications for stakeholders, particularly in terms of performance-based incentives and securities management.

The most recent analyst rating on (AU:NAB) stock is a Buy with a A$34.80 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.

More about National Australia Bank Limited

National Australia Bank Limited (NAB) is a major financial institution in Australia, primarily engaged in providing banking and financial services. It operates across various segments, including personal banking, business banking, and wealth management, catering to a diverse range of customers in the Australian market.

Average Trading Volume: 4,377,562

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$117.4B

Find detailed analytics on NAB stock on TipRanks’ Stock Analysis page.

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