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An announcement from Verbrec Ltd ( (AU:VBC) ) is now available.
Verbrec Limited has announced the application for quotation of 6,244,030 ordinary fully paid securities under an employee incentive scheme. This move reflects the company’s efforts to enhance employee retention and align performance incentives, potentially strengthening its operational capacity and positioning in the competitive engineering services market.
The most recent analyst rating on (AU:VBC) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Verbrec Ltd stock, see the AU:VBC Stock Forecast page.
More about Verbrec Ltd
Verbrec Ltd operates in the engineering and infrastructure services industry, providing services such as asset management, professional engineering, and industrial solutions with a focus on the Asia-Pacific region.
Average Trading Volume: 293,969
Technical Sentiment Signal: Buy
Current Market Cap: A$46.9M
Learn more about VBC stock on TipRanks’ Stock Analysis page.