Cochlear Limited Issues New Unquoted Equity Securities

Cochlear Limited (AU:COH) has released an update.

Cochlear Limited has announced the issuance and transfer of unquoted equity securities, including 2,796 options expiring at various dates and prices, and 896 performance rights, as part of their employee incentive scheme. These new securities will not be listed on the ASX. This move reflects Cochlear’s ongoing efforts to incentivize its workforce and align their interests with shareholder value.

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