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Amotiv Limited Issues Unquoted Performance Rights

Story Highlights
  • Amotiv Limited issued 1,342,465 performance rights under an employee scheme.
  • These securities are unquoted and restricted, affecting equity structure and employee strategies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amotiv Limited Issues Unquoted Performance Rights

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The latest announcement is out from Amotiv ( (AU:AOV) ).

Amotiv Limited has announced the issuance of 1,342,465 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted, impacting the company’s equity structure and potentially influencing employee retention and motivation strategies.

The most recent analyst rating on (AU:AOV) stock is a Hold with a A$9.00 price target. To see the full list of analyst forecasts on Amotiv stock, see the AU:AOV Stock Forecast page.

More about Amotiv

Average Trading Volume: 409,330

Technical Sentiment Signal: Hold

Current Market Cap: A$1.17B

For a thorough assessment of AOV stock, go to TipRanks’ Stock Analysis page.

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