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National Australia Bank Limited Announces Quotation of New Securities

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National Australia Bank Limited Announces Quotation of New Securities

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National Australia Bank Limited ( (AU:NAB) ) has issued an update.

National Australia Bank Limited has announced the application for quotation of 46,968 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 move to enhance employee engagement and potentially improve stakeholder value.

The most recent analyst rating on (AU:NAB) stock is a Hold with a A$40.00 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 operates in the financial services industry, providing a range of banking and financial products and services. It focuses on serving both individual and business clients, with a significant presence in the Australian market.

YTD Price Performance: 16.77%

Average Trading Volume: 4,473,897

Technical Sentiment Signal: Buy

Current Market Cap: A$126.7B

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

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