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Temple & Webster Group Ltd ( (AU:TPW) ) has provided an announcement.
Temple & Webster Group Ltd announced the issuance of 284,816 fully paid ordinary securities to Pacific Custodians Pty Ltd, acting as a trustee for the company’s Employee Performance Rights Plan. This move is part of the company’s strategy to allocate shares to participants following the vesting and exercise of performance rights, potentially impacting employee engagement and retention.
The most recent analyst rating on (AU:TPW) stock is a Buy with a A$34.32 price target. To see the full list of analyst forecasts on Temple & Webster Group Ltd stock, see the AU:TPW Stock Forecast page.
More about Temple & Webster Group Ltd
Temple & Webster Group Ltd operates in the e-commerce industry, primarily focusing on providing a wide range of homewares and furniture products. The company is known for its online retail platform that caters to the Australian market, offering a diverse selection of products for home improvement and interior design.
Average Trading Volume: 326,847
Technical Sentiment Signal: Buy
Current Market Cap: A$2.97B
For a thorough assessment of TPW stock, go to TipRanks’ Stock Analysis page.