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Origin Energy Issues Unquoted Equity Securities to Employees

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Origin Energy Issues Unquoted Equity Securities to Employees

Origin Energy Limited ( (AU:ORG) ) has issued an announcement.

Origin Energy Limited announced the issue and transfer of unquoted equity securities, specifically performance and restricted share rights, under an employee incentive scheme. These securities, totaling 380,475, are not immediately tradable on the ASX as they are subject to transfer restrictions, which highlights the company’s efforts to retain and incentivize its workforce, potentially strengthening its operational stability and market position.

More about Origin Energy Limited

Origin Energy Limited is a prominent player in the energy sector, primarily focusing on the production and sale of energy products and services. The company operates extensively within the Australian market and is listed on the Australian Securities Exchange (ASX).

YTD Price Performance: 5.95%

Average Trading Volume: 2,573

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.76B

For a thorough assessment of ORG stock, go to TipRanks’ Stock Analysis page.

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