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Wrkr Ltd ( (AU:WRK) ) has issued an update.
Wrkr Ltd has announced the grant of 38,000,000 Class E Performance Rights to its employees as part of its Employee Securities Incentive Plan. This initiative aims to reward, retain, and motivate eligible participants by aligning their interests with those of the shareholders, thereby enhancing shareholder value. The plan is administered by the board, which has the discretion to invite eligible participants to apply for securities, including shares, options, and performance rights. This move is expected to strengthen employee engagement and contribute to the company’s long-term growth.
The most recent analyst rating on (AU:WRK) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Wrkr Ltd stock, see the AU:WRK Stock Forecast page.
More about Wrkr Ltd
Average Trading Volume: 1,655,279
Technical Sentiment Signal: Buy
Current Market Cap: A$256.5M
Learn more about WRK stock on TipRanks’ Stock Analysis page.