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Tourism Holdings Limited ( (AU:THL) ) has provided an announcement.
Tourism Holdings Limited has announced the expiry of 747,000 unlisted long-term incentive (LTI) options originally issued under its 2017 Long Term Incentive Scheme. The options were not exercised and/or did not meet vesting conditions, resulting in their lapse in accordance with the scheme’s rules.
Following this expiry, the total number of unlisted options on issue for the company stands at 9,643,001. The change modestly reduces potential future dilution for existing shareholders and reflects the company’s ongoing management of equity-based remuneration structures.
The most recent analyst rating on (AU:THL) stock is a Buy with a A$3.29 price target. To see the full list of analyst forecasts on Tourism Holdings Limited stock, see the AU:THL Stock Forecast page.
More about Tourism Holdings Limited
Tourism Holdings Limited is a New Zealand-based tourism company operating in the travel and leisure industry. It is known for providing holiday vehicle rentals and related tourism services, with a focus on campervans, motorhomes, and other recreational vehicles across domestic and international markets.
Average Trading Volume: 10,100
Technical Sentiment Signal: Sell
Current Market Cap: A$440.1M
For a thorough assessment of THL stock, go to TipRanks’ Stock Analysis page.