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An update from Woolworths Group Ltd ( (AU:WOW) ) is now available.
Woolworths Group Limited has announced the issuance of unquoted equity securities under an employee incentive scheme. This includes 2,568,743 performance rights and 1,418,367 share rights, which are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s long-term goals.
The most recent analyst rating on (AU:WOW) stock is a Hold with a A$29.30 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 prominent player in the retail industry, primarily focusing on supermarkets and grocery stores. The company is known for its extensive range of food and everyday products, catering to a broad market segment across Australia and New Zealand.
Average Trading Volume: 3,671,341
Technical Sentiment Signal: Sell
Current Market Cap: A$34.17B
Learn more about WOW stock on TipRanks’ Stock Analysis page.