tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Perenti Issues 7.3 Million Unquoted Rights Under Employee Incentive Scheme

Story Highlights
Perenti Issues 7.3 Million Unquoted Rights Under Employee Incentive Scheme

Claim 50% Off TipRanks Premium and Invest with Confidence

An announcement from Perenti Global ( (AU:PRN) ) is now available.

Perenti Limited has issued 7,282,225 unquoted rights (security code PRNAC) under its employee incentive scheme, with the securities dated 18 December 2025. The new rights, which are not intended to be quoted on the ASX, reflect the company’s ongoing use of equity-based remuneration to align employees’ interests with shareholders and support retention and performance within its mining services operations.

The most recent analyst rating on (AU:PRN) stock is a Buy with a A$3.10 price target. To see the full list of analyst forecasts on Perenti Global stock, see the AU:PRN Stock Forecast page.

More about Perenti Global

Perenti Limited is an Australia-headquartered mining services company listed on the ASX, providing contract mining, drilling, and related support services to resource sector clients globally. The group focuses on surface and underground mining projects, delivering operational services and technical solutions across key mining jurisdictions.

Average Trading Volume: 4,467,790

Technical Sentiment Signal: Buy

Current Market Cap: A$2.58B

For an in-depth examination of PRN stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1