tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

The Lottery Corporation Announces Lapse of 486,343 Performance Rights

Story Highlights
  • The Lottery Corporation reported that 486,343 performance rights lapsed after vesting conditions were not satisfied.
  • This lapse trims potential future share dilution, signaling unmet incentive hurdles under the company’s equity plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
The Lottery Corporation Announces Lapse of 486,343 Performance Rights

Claim 50% Off TipRanks Premium

An announcement from Lottery Corporation Limited ( (AU:TLC) ) is now available.

The Lottery Corporation Limited has notified the market that 486,343 performance rights (ASX code TLCAA) have lapsed after the conditions attached to these rights were not met or became incapable of being satisfied, effective 30 January 2026. The lapse of these conditional securities reduces the company’s potential future share issuance under this incentive structure, which may have a modestly dilutive impact avoided for existing shareholders and reflects performance or vesting hurdles not being achieved under the relevant plan.

The most recent analyst rating on (AU:TLC) stock is a Buy with a A$5.70 price target. To see the full list of analyst forecasts on Lottery Corporation Limited stock, see the AU:TLC Stock Forecast page.

More about Lottery Corporation Limited

The Lottery Corporation Limited is an Australian-listed gaming company that operates in the lotteries and wagering sector, offering government-licensed lottery and related gaming products to retail and online customers across Australia.

Average Trading Volume: 3,521,953

Technical Sentiment Signal: Hold

Current Market Cap: A$11.46B

For an in-depth examination of TLC stock, go to TipRanks’ Overview 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