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Woolworths Group Ltd ( (AU:WOW) ) has issued an announcement.
Woolworths Group Limited announced the issuance of unquoted equity securities under an employee incentive scheme, including 10,176 performance rights and 98,502 share rights. These securities are subject to transfer restrictions and are not listed on the ASX until these restrictions are lifted, indicating a strategic move to retain and motivate employees while potentially impacting the company’s equity structure.
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 supermarket and grocery store operations. It is known for providing a wide range of consumer goods and services, catering to a diverse market segment.
YTD Price Performance: -5.57%
Average Trading Volume: 2,758,948
Technical Sentiment Signal: Sell
Current Market Cap: A$34.03B
Learn more about WOW stock on TipRanks’ Stock Analysis page.