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Ridley Corporation Limited ( (AU:RIC) ) has issued an update.
Ridley Corporation Limited has notified the market of the planned issue of 1,833,974 unquoted performance rights under its employee incentive scheme. These RICAT performance rights are scheduled to be issued on 27 November 2025 and will not be quoted on the ASX, reflecting the company’s continued use of equity-based incentives to align employee interests with long-term shareholder value.
The issuance of these performance rights expands Ridley’s pool of unquoted equity securities and signals an ongoing commitment to performance-linked remuneration. While the securities will not trade on market, they may influence future dilution levels for existing shareholders and underscore the company’s focus on retaining and motivating key personnel in a competitive agribusiness landscape.
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
Ridley Corporation Limited is an Australian-listed company on the ASX under the code RIC. The company operates in the agribusiness and animal nutrition sector, focusing on products and services related to livestock and feed markets. It uses employee incentive schemes as part of its remuneration and retention strategies for staff and executives.
Average Trading Volume: 557,540
Technical Sentiment Signal: Hold
Current Market Cap: A$910.9M
See more insights into RIC stock on TipRanks’ Stock Analysis page.