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Codan Limited Issues Unquoted Performance Rights to Employees

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Codan Limited Issues Unquoted Performance Rights to Employees

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The latest announcement is out from Codan Limited ( (AU:CDA) ).

Codan Limited has announced the issuance of 33,948 unquoted performance rights under an employee incentive scheme, with restrictions on transfer until a specified period. This move is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market competitiveness.

The most recent analyst rating on (AU:CDA) stock is a Hold with a A$37.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.

More about Codan Limited

Codan Limited operates in the technology industry, focusing on the development and manufacturing of innovative technology solutions. The company primarily offers products and services in communications, metal detection, and mining technology, catering to various market needs globally.

Average Trading Volume: 454,209

Technical Sentiment Signal: Buy

Current Market Cap: A$6.52B

Find detailed analytics on CDA stock on TipRanks’ Stock Analysis page.

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