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Titomic Ltd ( (AU:TTT) ) has provided an announcement.
Titomic Limited has issued a total of 6,696,137 fully paid ordinary shares to a director and senior executives through the conversion of options and rights under previously approved incentive plans and employment arrangements. The allocation, which includes a share-based component of short-term incentives for U.S.-based executives, reflects the company’s ongoing use of equity-based remuneration to align leadership interests with shareholders and support retention of key management as it advances its cold spray additive manufacturing business globally.
The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Titomic Ltd stock, see the AU:TTT Stock Forecast page.
More about Titomic Ltd
Titomic Limited (ASX: TTT) is an American-based advanced manufacturing company specialising in industrial-scale metal additive manufacturing, coating and repair solutions using its patented Titomic Kinetic Fusion cold spray technology. The company provides OEM production and R&D services to global aerospace, defence, shipbuilding, oil and gas, mining and automotive sectors, supported by its Huntsville, Alabama head office and additional operations in Australia and Europe.
Average Trading Volume: 2,769,752
Technical Sentiment Signal: Buy
Current Market Cap: A$367.9M
For detailed information about TTT stock, go to TipRanks’ Stock Analysis page.