Ridley Corporation Limited (AU:RIC) has released an update.
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Ridley Corporation Limited has announced the issuance of 2,298,639 unquoted equity securities in the form of performance rights under an employee incentive scheme, with the issue date recorded as August 26, 2024. This move, which is not intended for ASX quotation, reflects the company’s strategy to incentivize its workforce through equity-based compensation.
For further insights into AU:RIC stock, check out TipRanks’ Stock Analysis page.