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Perpetual Limited ( (AU:PPT) ) has issued an announcement.
Perpetual Limited has announced the issuance of 989,513 performance rights under an employee incentive scheme, which are unquoted and subject to transfer restrictions until the restriction period ends. This move is part of the company’s strategy to incentivize and retain key employees, potentially impacting its operational dynamics and aligning employee interests with company performance, which could strengthen its position in the financial services market.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
More about Perpetual Limited
Perpetual Limited operates within the financial services industry, providing a range of investment, advisory, and trustee services. The company focuses on wealth management, asset management, and corporate trustee services, catering to a diverse clientele including individuals, families, and corporate entities.
Average Trading Volume: 265,667
Technical Sentiment Signal: Sell
Current Market Cap: A$2.15B
See more data about PPT stock on TipRanks’ Stock Analysis page.