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Tasmea Ltd. Issues Shares Under Bonus Plan

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Tasmea Ltd. ( (AU:TEA) ) has issued an update.

Tasmea Ltd. has announced the issuance of shares to several senior employees as part of the Tasmea Bonus Share Plan, which was approved by shareholders at the 2024 Annual General Meeting. A total of 4,546 ordinary fully paid securities will be quoted on the ASX, with the issue date being April 8, 2025. This move is part of the company’s short-term incentive strategy and reflects its commitment to rewarding key personnel, potentially impacting employee retention and motivation positively.

More about Tasmea Ltd.

YTD Price Performance: -12.90%

Average Trading Volume: 229,959

Technical Sentiment Signal: Hold

Current Market Cap: A$621.3M

Find detailed analytics on TEA stock on TipRanks’ Stock Analysis page.

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