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Woolworths Group Issues Unquoted Share Rights Under Employee Incentive Scheme

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Woolworths Group Issues Unquoted Share Rights Under Employee Incentive Scheme

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Woolworths Group Ltd ( (AU:WOW) ) has provided an update.

Woolworths Group Limited announced the issuance of 20,489 unquoted share rights under an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted, reflecting the company’s ongoing efforts to incentivize its workforce and potentially enhance its operational performance.

The most recent analyst rating on (AU:WOW) stock is a Buy with a A$31.00 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 focusing on supermarkets and grocery stores. The company is well-known for its extensive network of retail outlets and its commitment to providing a wide range of consumer goods.

Average Trading Volume: 2,999,215

Technical Sentiment Signal: Hold

Current Market Cap: A$35.96B

See more insights into WOW stock on TipRanks’ Stock Analysis page.

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