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The latest announcement is out from Veris Limited ( (AU:VRS) ).
Veris Limited has notified the market of the planned issue of 11,647,409 new unquoted securities in the form of FY26–FY28 long-term incentive (LTI) performance rights under its employee incentive scheme. These performance rights, which will not be quoted on the ASX while subject to transfer restrictions, signal the company’s continued use of equity-based remuneration to align staff incentives with longer-term corporate objectives and shareholder value.
The most recent analyst rating on (AU:VRS) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Veris Limited stock, see the AU:VRS Stock Forecast page.
More about Veris Limited
YTD Price Performance: 59.57%
Average Trading Volume: 266,798
Technical Sentiment Signal: Buy
Current Market Cap: A$40.53M
For detailed information about VRS stock, go to TipRanks’ Stock Analysis page.