TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Servcorp Limited ( (AU:SRV) ) has provided an announcement.
Servcorp Limited announced the issuance of 1,800,000 unquoted equity securities in the form of options expiring on November 30, 2030, with an exercise price of $7.20. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, reflecting the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market positioning.
The most recent analyst rating on (AU:SRV) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on Servcorp Limited stock, see the AU:SRV Stock Forecast page.
More about Servcorp Limited
Servcorp Limited operates in the serviced office industry, providing flexible workspace solutions, virtual offices, and meeting room services to businesses globally. The company focuses on delivering high-quality office spaces and support services to enhance business operations for its clients.
Average Trading Volume: 100,156
Technical Sentiment Signal: Buy
Current Market Cap: A$727.9M
See more insights into SRV stock on TipRanks’ Stock Analysis page.