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Suncorp Group Issues New Employee Share Rights
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Suncorp Group Issues New Employee Share Rights

Suncorp Group Limited (AU:SUN) has released an update.

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Suncorp Group Limited has announced the issuance of 145,948 share rights under an employee incentive scheme, not intended for ASX quotation, as detailed in their September 10, 2024, notification. These securities, referred to as ‘SUNAB’ share rights, were issued on September 4, 2024. The move expands Suncorp’s unquoted equity securities, aligning with its strategy to incentivize employees.

For further insights into AU:SUN stock, check out TipRanks’ Stock Analysis page.

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