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Treasury Wine Estates Limited ( (AU:TWE) ) has provided an announcement.
Treasury Wine Estates Limited announced the issuance of 1,717,401 unquoted performance rights under an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted, reflecting the company’s ongoing commitment to incentivize and retain its workforce.
The most recent analyst rating on (AU:TWE) stock is a Buy with a A$9.90 price target. To see the full list of analyst forecasts on Treasury Wine Estates Limited stock, see the AU:TWE Stock Forecast page.
More about Treasury Wine Estates Limited
Treasury Wine Estates Limited is a prominent player in the wine industry, focusing on the production and distribution of wine products. The company operates globally, offering a diverse portfolio of wine brands catering to various market segments.
Average Trading Volume: 4,624,074
Technical Sentiment Signal: Sell
Current Market Cap: A$5.57B
See more insights into TWE stock on TipRanks’ Stock Analysis page.