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NEXTED GROUP Issues CEO Incentive Shares

Story Highlights
  • NEXTED GROUP issued shares to CEO Mark Kehoe as part of his incentive remuneration.
  • The 343,609 shares are subject to a 12-month disposal restriction, aligning compensation with performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NEXTED GROUP Issues CEO Incentive Shares

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An announcement from iCollege Ltd. ( (AU:NXD) ) is now available.

NEXTED GROUP LIMITED has announced the issuance of shares to its Chief Executive Officer, Mark Kehoe, as part of his short-term incentive remuneration for the fiscal year 2025. The shares, totaling 343,609, are subject to a 12-month restriction on disposal and are part of an incentive plan that includes a mix of cash and shares, reflecting the company’s commitment to aligning executive compensation with performance.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

More about iCollege Ltd.

Average Trading Volume: 266,210

Technical Sentiment Signal: Hold

Current Market Cap: A$46.64M

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

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