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Bendigo & Adelaide Bank Issues Performance Rights Under Employee Incentive Scheme

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Bendigo & Adelaide Bank Issues Performance Rights Under Employee Incentive Scheme

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The latest update is out from Bendigo & Adelaide Bank ( (AU:BEN) ).

Bendigo & Adelaide Bank Limited has announced the issuance of 1,323,475 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions until the restriction period ends, reflecting the company’s ongoing efforts to incentivize and retain its workforce, which could impact its operational efficiency and market competitiveness.

The most recent analyst rating on (AU:BEN) stock is a Sell with a A$11.00 price target. To see the full list of analyst forecasts on Bendigo & Adelaide Bank stock, see the AU:BEN Stock Forecast page.

More about Bendigo & Adelaide Bank

Bendigo & Adelaide Bank Limited operates in the financial services industry, providing a range of banking products and services. The company focuses on retail banking, offering services such as personal and business banking, loans, and financial advice, primarily within the Australian market.

Average Trading Volume: 1,092,254

Technical Sentiment Signal: Buy

Current Market Cap: A$7.48B

For detailed information about BEN stock, go to TipRanks’ Stock Analysis page.

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