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Qualitas Limited ( (AU:QAL) ) has issued an update.
Qualitas Limited has notified the ASX of changes to its issued capital, detailing the cessation of several classes of equity-based securities, including options and share rights. The securities, amounting to over 180,000 instruments, have either lapsed because vesting or performance conditions were not met or been cancelled by agreement with the holders, signalling an adjustment to the company’s long-term incentive and capital structure that marginally reduces potential future dilution for existing shareholders.
The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.26 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
More about Qualitas Limited
Average Trading Volume: 514,635
Technical Sentiment Signal: Buy
Current Market Cap: A$1.15B
Find detailed analytics on QAL stock on TipRanks’ Stock Analysis page.