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Woolworths Group Announces NED Equity Plan Vesting

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Woolworths Group Announces NED Equity Plan Vesting

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An announcement from Woolworths Group Ltd ( (AU:WOW) ) is now available.

Woolworths Group Limited announced the vesting of share rights for its Non-Executive Directors (NEDs) under the NED Equity Plan. This plan allows share rights allocated through salary sacrifice to convert into company shares twice yearly. The recent vesting impacts directors Holly Kramer, Tracey Fellows, and Warwick Bray, enhancing their equity stake in the company. This move aligns with Woolworths’ strategy to incentivize and retain key leadership, potentially strengthening its governance and market positioning.

The most recent analyst rating on (AU:WOW) stock is a Hold with a A$33.40 price target. To see the full list of analyst forecasts on Woolworths Group Ltd stock, see the AU:WOW Stock Forecast page.

More about Woolworths Group Ltd

Woolworths Group Limited is a major player in the retail industry, primarily focused on supermarkets and grocery stores. The company operates in Australia and is known for its wide range of consumer goods and services.

Average Trading Volume: 2,448,645

Technical Sentiment Signal: Sell

Current Market Cap: A$35.04B

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

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