tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Woodside Energy Adjusts Capital Structure as Equity Rights Lapse

Story Highlights
  • Woodside Energy has reported the cessation of several WEP Equity Rights securities on the ASX.
  • Some equity rights lapsed after vesting conditions were not met, reflecting routine adjustments to incentive schemes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Woodside Energy Adjusts Capital Structure as Equity Rights Lapse

Claim 70% Off TipRanks Premium

The latest update is out from Woodside Energy Group ( (AU:WDS) ).

Woodside Energy Group has notified the market of the cessation of certain equity rights securities, identified as WEP Equity Rights, which form part of its issued capital structure on the ASX. The ceased securities include tranches that ended for unspecified “other” reasons as well as 39,293 rights that lapsed because their vesting conditions were not, or could no longer be, satisfied, signalling routine adjustments to Woodside’s equity-based remuneration or incentive arrangements without indicating any broader change to its core operations.

The most recent analyst rating on (AU:WDS) stock is a Hold with a A$24.00 price target. To see the full list of analyst forecasts on Woodside Energy Group stock, see the AU:WDS Stock Forecast page.

More about Woodside Energy Group

Woodside Energy Group Ltd is a major Australian energy company primarily engaged in the exploration, development and production of oil and gas, with a focus on liquefied natural gas (LNG) and other hydrocarbon products for domestic and international markets.

Average Trading Volume: 4,201,119

Technical Sentiment Signal: Sell

Current Market Cap: A$44.8B

Find detailed analytics on WDS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1