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Waterco Limited Issues New Employee Incentive Securities

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Waterco Limited Issues New Employee Incentive Securities

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An announcement from Waterco Limited ( (AU:WAT) ) is now available.

Waterco Limited has announced the issuance of 300,000 unquoted equity securities in the form of options, which are set to expire on December 2, 2035, with an exercise price of $4.90. These securities are part of an employee incentive scheme, highlighting the company’s commitment to aligning employee interests with long-term corporate goals, potentially impacting its operational dynamics and market positioning positively.

The most recent analyst rating on (AU:WAT) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Waterco Limited stock, see the AU:WAT Stock Forecast page.

More about Waterco Limited

Waterco Limited operates within the water treatment industry, providing a range of products and services focused on water filtration, purification, and heating solutions. The company is known for its innovative approaches to water management and serves a diverse market that includes residential, commercial, and industrial sectors.

Average Trading Volume: 1,027

Technical Sentiment Signal: Hold

Current Market Cap: A$175.8M

Learn more about WAT stock on TipRanks’ Stock Analysis page.

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