IDT Australia Grants Shares as Employee Incentives

IDT Australia Limited (AU:IDT) has released an update.

IDT Australia Limited has announced the issuance of 254,146 fully paid ordinary shares to employees as part of a short-term incentive plan, utilizing the company’s existing placement capacity. These shares, which come with a three-year on-sale restriction, are set to be quoted under the ASX security code IDT following their issue on September 4, 2024.

For further insights into AU:IDT stock, check out TipRanks’ Stock Analysis page.