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The latest update is out from Rio Tinto Limited ( (AU:RIO) ).
Rio Tinto Limited announced the vesting of Bonus Deferral Awards (BDA) for its key management personnel, as part of its 2018 Equity Incentive Plan. The awards, which are delivered as deferred ordinary shares, saw a portion sold to cover taxes and deductions, with the remainder retained by the executives. This move reflects the company’s ongoing commitment to aligning management incentives with shareholder interests.
The most recent analyst rating on (AU:RIO) stock is a Hold with a A$129.50 price target. To see the full list of analyst forecasts on Rio Tinto Limited stock, see the AU:RIO Stock Forecast page.
More about Rio Tinto Limited
Rio Tinto Limited is a leading global mining group, primarily focused on the extraction and production of minerals such as iron ore, aluminum, copper, and diamonds. The company operates in various regions worldwide, with a significant presence in Australia and the United Kingdom, and is listed on both the Australian Securities Exchange and the London Stock Exchange.
Average Trading Volume: 1,330,920
Technical Sentiment Signal: Buy
Current Market Cap: A$186.6B
Learn more about RIO stock on TipRanks’ Stock Analysis page.