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Cogstate Ltd Issues Unquoted Equity Securities for Employee Incentives

Story Highlights
  • Cogstate Ltd issued unquoted equity securities under an employee incentive scheme.
  • The issuance aligns employee incentives with company performance, impacting internal operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cogstate Ltd Issues Unquoted Equity Securities for Employee Incentives

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Cogstate Ltd ( (AU:CGS) ) just unveiled an update.

Cogstate Ltd has announced the issuance of unquoted equity securities as part of an employee incentive scheme. This move involves the allocation of performance rights to employees, which are not intended to be quoted on the ASX, potentially impacting the company’s internal operations by aligning employee incentives with company performance.

The most recent analyst rating on (AU:CGS) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Cogstate Ltd stock, see the AU:CGS Stock Forecast page.

More about Cogstate Ltd

YTD Price Performance: 166.21%

Average Trading Volume: 233,351

Technical Sentiment Signal: Buy

Current Market Cap: A$472M

See more data about CGS stock on TipRanks’ Stock Analysis page.

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