tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Southern Cross Media Issues Nearly 4 Million Unquoted Performance Rights Under Incentive Plan

Story Highlights
  • Southern Cross Media has issued 3,963,428 unquoted performance rights under its employee incentive scheme.
  • The unquoted rights support equity-based staff incentives, aligning employee rewards with performance and shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Southern Cross Media Issues Nearly 4 Million Unquoted Performance Rights Under Incentive Plan

Claim 70% Off TipRanks This Holiday Season

An update from Southern Cross Media Group Limited ( (AU:SXL) ) is now available.

Southern Cross Media Group Limited has notified the market of the issue of 3,963,428 unquoted performance rights under its employee incentive scheme, effective 19 December 2025. The new performance rights, which are not intended to be quoted on the ASX, underscore the company’s continued use of equity-based incentives to align staff remuneration with company performance and shareholder interests, potentially influencing future dilution and highlighting the ongoing importance of talent retention in the competitive media sector.

The most recent analyst rating on (AU:SXL) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on Southern Cross Media Group Limited stock, see the AU:SXL Stock Forecast page.

More about Southern Cross Media Group Limited

Southern Cross Media Group Limited is an Australian media company listed on the ASX, operating primarily in broadcast and related media services. The group focuses on delivering content across radio and other audio platforms to audiences and advertisers in the Australian market.

YTD Price Performance: 40.98%

Average Trading Volume: 696,703

Technical Sentiment Signal: Buy

Current Market Cap: A$193.1M

For a thorough assessment of SXL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1