Scentre Group ( (AU:SCG) ) has issued an update.
Scentre Group announced the cessation of 272,547 performance rights due to the lapse of conditional rights that were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s performance metrics and future incentive plans.
More about Scentre Group
Scentre Group is a prominent player in the retail property industry, primarily focusing on owning, managing, and developing shopping centers. The company operates in the Australian and New Zealand markets, providing retail spaces for a variety of brands and businesses.
YTD Price Performance: 3.62%
Average Trading Volume: 11,615
Technical Sentiment Signal: Strong Sell
Current Market Cap: $11B
See more data about SCG stock on TipRanks’ Stock Analysis page.