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Waterco Limited Issues Unquoted Equity Securities as Part of Employee Incentive Scheme

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Waterco Limited Issues Unquoted Equity Securities as Part of Employee Incentive Scheme

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Waterco Limited ( (AU:WAT) ) just unveiled an update.

Waterco Limited has announced the issuance of unquoted equity securities, specifically 20,000 options set to expire in December 2035, with an exercise price of $4.90. This move is part of an employee incentive scheme, which is not intended to be quoted on the ASX, reflecting the company’s strategy to motivate and retain talent while potentially impacting its future financial structure and market positioning.

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 in the water treatment industry, focusing on providing innovative solutions and products for water filtration and heating. The company targets both residential and commercial markets, offering a range of products designed to improve water quality and energy efficiency.

Average Trading Volume: 1,270

Technical Sentiment Signal: Hold

Current Market Cap: A$172.3M

See more data about WAT stock on TipRanks’ Stock Analysis page.

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