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Seek Issues New Unquoted Share Rights Under Employee Incentive Schemes

Story Highlights
  • Seek has issued new unquoted share rights under its employee incentive schemes.
  • The equity awards support staff retention and align employee incentives with shareholders’ interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Seek Issues New Unquoted Share Rights Under Employee Incentive Schemes

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An update from Seek Limited ( (AU:SEK) ) is now available.

Seek Limited has notified the market of the issue of 11,893 share rights and 90 recognition share rights under its employee incentive schemes, all of which are unquoted securities and not intended to be listed on the ASX. The move reflects the company’s continued use of equity-based compensation to reward and retain employees, aligning staff incentives with shareholder interests and signalling ongoing investment in its workforce as part of its longer-term operational and remuneration strategy.

The most recent analyst rating on (AU:SEK) stock is a Buy with a A$31.65 price target. To see the full list of analyst forecasts on Seek Limited stock, see the AU:SEK Stock Forecast page.

More about Seek Limited

Seek Limited is an Australian-listed company on the ASX (code: SEK) operating in the employment and recruitment sector, best known for its online job marketplace and associated talent and workforce solutions. The company provides digital platforms and services that connect jobseekers with employers, with a focus on employee engagement, talent acquisition and retention, including the use of equity-based incentive schemes for staff.

Average Trading Volume: 832,249

Technical Sentiment Signal: Sell

Current Market Cap: A$8.28B

For an in-depth examination of SEK stock, go to TipRanks’ Overview page.

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