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Tasmea Ltd. Issues Shares Under Bonus Plan

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Tasmea Ltd. ( (AU:TEA) ) just unveiled an announcement.

Tasmea Ltd. has announced the issuance of 75,809 ordinary fully paid shares to several senior employees as part of its Bonus Share Plan, a short-term incentive scheme approved by shareholders at the 2024 Annual General Meeting. This move is likely to enhance employee motivation and retention, potentially impacting the company’s operational efficiency and market positioning positively.

The most recent analyst rating on (AU:TEA) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.

More about Tasmea Ltd.

Average Trading Volume: 255,212

Technical Sentiment Signal: Buy

Current Market Cap: A$838.8M

See more insights into TEA stock on TipRanks’ Stock Analysis page.

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