tiprankstipranks

Nine Entertainment Issues Performance Rights to Employees

Story Highlights
Nine Entertainment Issues Performance Rights to Employees

Don’t Miss TipRanks’ Half-Year Sale

Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) has shared an update.

Nine Entertainment Co. Holdings Limited announced the issuance of 606,371 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move reflects the company’s strategy to incentivize its employees, potentially enhancing operational performance and aligning employee interests with company goals.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.

More about Nine Entertainment Co. Holdings Limited

Nine Entertainment Co. Holdings Limited operates in the media and entertainment industry, providing television broadcasting, digital media, and content production services. The company focuses on delivering diverse entertainment and news content across multiple platforms to a broad audience in Australia.

Average Trading Volume: 7,171,886

Technical Sentiment Signal: Buy

Current Market Cap: A$2.58B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1