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TPG Telecom Limited ( (AU:TPG) ) has issued an announcement.
TPG Telecom Limited announced the issuance of unquoted equity securities, specifically 1,704,840 deferred share rights and 2,013,010 performance rights, under an employee incentive scheme. This move is likely aimed at enhancing employee engagement and aligning their interests with the company’s long-term goals, potentially impacting the company’s operational dynamics and market positioning positively.
The most recent analyst rating on (AU:TPG) stock is a Sell with a A$4.30 price target. To see the full list of analyst forecasts on TPG Telecom Limited stock, see the AU:TPG Stock Forecast page.
More about TPG Telecom Limited
TPG Telecom Limited is a company operating in the telecommunications industry, providing a range of services including mobile and fixed broadband services, with a focus on delivering innovative communication solutions in the Australian market.
Average Trading Volume: 1,402,312
Technical Sentiment Signal: Buy
Current Market Cap: A$9.39B
See more data about TPG stock on TipRanks’ Stock Analysis page.