Insurance Australia Group Issues Unquoted Equity Securities

Insurance Australia Group Limited (AU:IAG) has released an update.

Insurance Australia Group Limited has issued over 2.6 million unquoted equity securities, including performance and award rights, as part of its employee incentive scheme. These securities are currently unquoted on the ASX and are subject to transfer restrictions. This move reflects the company’s strategy to enhance employee engagement and align their interests with shareholders.

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