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An announcement from Tower Limited ( (AU:TWR) ) is now available.
Tower Limited has announced the issuance of unlisted share rights to employees under its Long Term Incentive Plan. This move involves 1,206,987 ordinary shares and is aimed at aligning employee performance with the company’s shareholder returns, potentially impacting employee motivation and the company’s market positioning.
More about Tower Limited
Tower Limited is a company based in New Zealand, primarily involved in the financial services industry. The company focuses on providing a range of insurance products and services to its clients.
YTD Price Performance: -2.61%
Average Trading Volume: 52,887
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$431.6M
Learn more about TWR stock on TipRanks’ Stock Analysis page.
