tiprankstipranks
Mesoblast Applies for Quotation of New Shares
Company Announcements

Mesoblast Applies for Quotation of New Shares

Mesoblast (MESO) has released an update.

Mesoblast Limited has announced the application for quotation of 1,072,363 new fully paid ordinary shares on the Australian Securities Exchange (ASX) under the company’s employee incentive scheme. The shares, issued on April 5, 2024, are expected to rank equally with the existing shares in the class, increasing the total number of ordinary shares on issue to 1,141,784,114. This move is part of Mesoblast’s ongoing efforts to incentivize and reward its employees, with the details of the scheme provided in a document released last October.

For further insights into MESO stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!