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NAB Reports Lapse of 176,949 Performance Rights, Clarifying Issued Capital

Story Highlights
  • National Australia Bank reported that 176,949 NABAM performance rights have lapsed.
  • The lapse of these conditional rights reduces potential share issuance and clarifies NAB’s capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NAB Reports Lapse of 176,949 Performance Rights, Clarifying Issued Capital

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

National Australia Bank has notified the market that 176,949 NABAM performance rights have lapsed after the conditions attached to those rights were not met or became incapable of being satisfied as of 22 December 2025. The cessation of these conditional securities effectively reduces the pool of potential shares that could be issued under the affected incentive arrangements, providing clarity on NAB’s issued capital structure and signalling that specific performance or service hurdles tied to this tranche of rights were not achieved.

The most recent analyst rating on (AU:NAB) stock is a Sell with a A$32.56 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 one of Australia’s largest financial institutions, operating primarily in banking and financial services with a focus on retail, business and institutional customers. Listed on the ASX under the code NAB, the bank provides a broad range of lending, deposit, and financial management products across domestic and international markets.

YTD Price Performance: 19.44%

Average Trading Volume: 4,078,444

Technical Sentiment Signal: Buy

Current Market Cap: A$129.8B

Learn more about NAB stock on TipRanks’ Stock Analysis page.

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