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Nufarm Issues 224,613 Unquoted Performance Rights Under Employee Incentive Scheme

Story Highlights
  • Nufarm has issued 224,613 unquoted performance rights under its employee incentive plan.
  • The new performance rights are transfer-restricted and will not be ASX-quoted until restrictions end, aligning staff incentives with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nufarm Issues 224,613 Unquoted Performance Rights Under Employee Incentive Scheme

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Nufarm Limited ( (AU:NUF) ) has provided an announcement.

Nufarm Limited has issued 224,613 unquoted performance rights under its employee incentive scheme, with the securities subject to transfer restrictions and not quoted on the ASX until those restrictions cease. The move underscores Nufarm’s continued use of equity-based remuneration to align staff incentives with shareholder interests and support talent retention, though it does not immediately affect the company’s quoted share capital or public float.

The most recent analyst rating on (AU:NUF) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Nufarm Limited stock, see the AU:NUF Stock Forecast page.

More about Nufarm Limited

Nufarm Limited is an Australian agricultural chemicals company listed on the ASX, supplying crop protection products and related agricultural solutions to farmers and agribusinesses in global markets.

Average Trading Volume: 1,615,339

Technical Sentiment Signal: Sell

Current Market Cap: A$837M

For detailed information about NUF stock, go to TipRanks’ Stock Analysis page.

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