Mirvac Group (AU:MGR) has released an update.
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Mirvac Group has announced the issuance of 1,398,282 STI Performance Rights and 91,559 Non-Executive Director Fee Sacrifice Rights on September 11, 2024. These unquoted securities will be under restriction and not traded on the ASX until those restrictions end. The move is part of the company’s employee incentive scheme, aiming to strengthen alignment between employees and shareholders.
For further insights into AU:MGR stock, check out TipRanks’ Stock Analysis page.
