Woolworths Group Ltd (AU:WOW) has released an update.
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Woolworths Group Limited has announced the issuance of 23,705 unquoted share rights under an employee incentive scheme as of December 12, 2024. These securities are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted. This move signifies Woolworths’ continued commitment to rewarding its employees with equity-based incentives, a positive signal for stakeholders monitoring the company’s stock performance.
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