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An announcement from Origin Energy Limited ( (AU:ORG) ) is now available.
Origin Energy Limited has announced the issuance of unquoted equity securities, specifically performance share rights and restricted share rights, totaling 324,027 securities. These securities are part of an employee incentive scheme and are not intended to be quoted on the ASX. This move reflects the company’s strategy to incentivize employees, potentially impacting its operational efficiency and aligning employee interests with company performance.
The most recent analyst rating on (AU:ORG) stock is a Sell with a A$11.11 price target. To see the full list of analyst forecasts on Origin Energy Limited stock, see the AU:ORG Stock Forecast page.
More about Origin Energy Limited
Origin Energy Limited is a prominent player in the energy sector, primarily focusing on the production and distribution of energy solutions. The company is involved in the generation, trading, and retailing of electricity and natural gas, catering to a diverse market that includes residential, commercial, and industrial customers.
YTD Price Performance: 19.95%
Average Trading Volume: 3,309,956
Technical Sentiment Signal: Buy
Current Market Cap: A$21.32B
See more insights into ORG stock on TipRanks’ Stock Analysis page.