PhosCo Ltd (AU:PHO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
PhosCo Ltd has announced the issuance of 2 million new ‘Performance Rights’ securities, which are set to be released on May 6, 2024. These securities are part of an employee incentive scheme and will not be quoted on the ASX. The issuance is aimed at bolstering the company’s employee compensation packages with additional unquoted equity options.
For further insights into AU:PHO stock, check out TipRanks’ Stock Analysis page.