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The latest announcement is out from Origin Energy Limited ( (AU:ORG) ).
Origin Energy Limited announced the issuance of unquoted equity securities as part of an employee incentive scheme. This move involves the allocation of performance share rights, share rights, and restricted share rights, which are not intended to be quoted on the ASX. The issuance of these securities is a strategic step to align employee interests with company performance, potentially enhancing employee motivation and retention.
The most recent analyst rating on (AU:ORG) stock is a Buy with a A$13.90 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 operates in the energy industry, focusing on the production and supply of electricity and natural gas. The company is a significant player in the Australian energy market, providing energy solutions to both residential and commercial customers.
Average Trading Volume: 3,260,550
Technical Sentiment Signal: Buy
Current Market Cap: A$21.08B
Find detailed analytics on ORG stock on TipRanks’ Stock Analysis page.