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Ridley Corporation Issues New Performance Rights

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Ridley Corporation Issues New Performance Rights

TipRanks Black Friday Sale

Ridley Corporation Limited ( (AU:RIC) ) just unveiled an update.

Ridley Corporation Limited announced the issuance of 791,670 performance rights under an employee incentive scheme. These securities are unquoted and are intended to motivate and retain employees, potentially impacting the company’s operational efficiency and aligning employee interests with corporate goals.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$3.03 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

More about Ridley Corporation Limited

YTD Price Performance: 1.63%

Average Trading Volume: 908,809

Technical Sentiment Signal: Buy

Current Market Cap: A$982.1M

See more data about RIC stock on TipRanks’ Stock Analysis page.

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