Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Vulcan Steel Ltd. ( (AU:VSL) ) has shared an announcement.
Vulcan Steel Limited has announced the lapse of 198,894 performance share rights, identified as VSLAA, following the failure or incapacity of the relevant vesting conditions to be satisfied as at 1 January 2026. The cessation of these securities reduces the company’s pool of outstanding performance rights, signalling an adjustment to its incentive structure and issued capital, which may have implications for management and employee equity participation but does not affect ordinary shareholders’ existing holdings.
The most recent analyst rating on (AU:VSL) stock is a Hold with a A$6.25 price target. To see the full list of analyst forecasts on Vulcan Steel Ltd. stock, see the AU:VSL Stock Forecast page.
More about Vulcan Steel Ltd.
Vulcan Steel Limited (ASX: VSL) is a listed steel products company operating in the metals sector, with its capital structure including performance share rights as part of its equity and incentive arrangements.
Average Trading Volume: 48,887
Technical Sentiment Signal: Sell
Current Market Cap: A$1.01B
Learn more about VSL stock on TipRanks’ Stock Analysis page.