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New Zealand King Salmon’s Share Forfeiture Highlights Performance Challenges

New Zealand King Salmon’s Share Forfeiture Highlights Performance Challenges

New Zealand King Salmon Investments Ltd. (AU:NZK) has released an update.

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New Zealand King Salmon Investments Ltd. reported a forfeiture of 16,619 ordinary shares by General Manager Grant Wayne Lovell, due to unmet performance criteria in a long-term incentive plan. These shares, originally valued at $29,250, were held by NZKS Custodian Limited. Lovell’s remaining interest in the company includes 107,129 ordinary shares, reflecting ongoing investment in the firm’s aquaculture endeavors.

For further insights into AU:NZK stock, check out TipRanks’ Stock Analysis page.

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