Shaver Shop Group Ltd. (AU:SSG) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Shaver Shop Group Ltd. announced the compulsory divestment of 238,616 unvested long-term incentive shares granted to Mr. Cameron Fox, as they did not meet performance conditions. The proceeds from this divestment were used to repay a non-recourse loan to Shaver Shop Pty Limited, with the remaining balance transferred back to the company. This development reflects the company’s strict adherence to performance benchmarks in its incentive plans.
For further insights into AU:SSG stock, check out TipRanks’ Stock Analysis page.