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Orica Limited Issues Unquoted Securities Under Employee Incentive Scheme

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Orica Limited Issues Unquoted Securities Under Employee Incentive Scheme

Orica Limited ( (AU:ORI) ) just unveiled an update.

Orica Limited announced the issuance of 3,472 unquoted securities under an employee incentive scheme, which are not intended to be listed on the ASX. This move is part of Orica’s ongoing efforts to incentivize and retain its workforce, potentially impacting its operational dynamics by aligning employee interests with company performance.

More about Orica Limited

Orica Limited is a company operating in the chemicals industry, primarily focusing on the production and supply of explosives and blasting systems. It serves various sectors including mining, quarrying, and construction, providing essential products and services to enhance operational efficiency and safety.

YTD Price Performance: -7.14%

Average Trading Volume: 162

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.57B

See more insights into ORI stock on TipRanks’ Stock Analysis page.

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