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Ridley Corporation Limited ( (AU:RIC) ) has shared an update.
Ridley Corporation Limited has announced a change in the director’s interest, specifically concerning Quinton Hildebrand. The update details the acquisition of performance rights under the Long-Term Incentive Plan (LTIP) and Special Purpose Rights Incentive Plan (SPRIP), with performance periods extending to 2028. This change signifies a strategic move to align the director’s interests with the company’s long-term performance goals, potentially impacting the company’s governance and stakeholder confidence.
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
For detailed information about RIC stock, go to TipRanks’ Stock Analysis page.