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Southern Cross Electrical Engineering Issues New Performance Rights

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Southern Cross Electrical Engineering Issues New Performance Rights

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Southern Cross Electrical Engineering Limited ( (AU:SXE) ) has issued an update.

Southern Cross Electrical Engineering Limited announced the issuance of 241,671 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the end of the restriction period, indicating a strategic move to incentivize and retain employees, which could enhance operational performance and stakeholder value.

More about Southern Cross Electrical Engineering Limited

Southern Cross Electrical Engineering Limited operates in the electrical engineering industry, focusing on providing electrical, instrumentation, communication, and maintenance services. The company primarily serves sectors such as resources, infrastructure, and commercial developments.

YTD Price Performance: 16.85%

Technical Sentiment Signal: Sell

Current Market Cap: €280.2M

See more data about SXE stock on TipRanks’ Stock Analysis page.

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