tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pro Medicus Issues 40,358 Unquoted Performance Rights Under Staff Incentive Plan

Story Highlights
  • Pro Medicus has issued 40,358 unquoted performance rights under its employee incentive scheme.
  • These unquoted rights align staff incentives with long-term value without changing the ASX free float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pro Medicus Issues 40,358 Unquoted Performance Rights Under Staff Incentive Plan

Claim 70% Off TipRanks Premium

Pro Medicus Limited ( (AU:PME) ) has provided an update.

Pro Medicus Limited has notified the market of the issue of 40,358 unquoted performance rights under its employee incentive scheme, with an issue date of 28 August 2024. The move underscores the company’s ongoing use of equity-based remuneration to align staff incentives with long-term shareholder value, while not affecting the free float as the securities are not intended to be quoted on the ASX.

The most recent analyst rating on (AU:PME) stock is a Buy with a A$350.00 price target. To see the full list of analyst forecasts on Pro Medicus Limited stock, see the AU:PME Stock Forecast page.

More about Pro Medicus Limited

Pro Medicus Limited is an Australian-listed healthcare technology company that develops and supplies medical imaging IT solutions, including radiology information systems and picture archiving and communication systems, primarily for hospitals, imaging centres and other diagnostic service providers.

Average Trading Volume: 171,510

Technical Sentiment Signal: Hold

Current Market Cap: A$21.96B

See more data about PME stock on TipRanks’ Stock Analysis 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