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EML Payments Issues New Securities Under Employee Incentive Scheme

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EML Payments Issues New Securities Under Employee Incentive Scheme

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EML Payments ( (AU:EML) ) just unveiled an announcement.

EML Payments Limited announced the issuance of new ordinary fully paid securities, totaling 1,944,445 shares, to be quoted on the Australian Securities Exchange. This issuance is part of an employee incentive scheme, reflecting the company’s efforts to align employee interests with corporate performance and potentially enhancing its market position.

The most recent analyst rating on (AU:EML) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on EML Payments stock, see the AU:EML Stock Forecast page.

More about EML Payments

EML Payments Limited operates in the financial technology industry, providing payment solutions and services. The company focuses on offering innovative payment technologies and platforms to various markets, including prepaid, gift, and virtual card solutions.

Average Trading Volume: 1,307,414

Technical Sentiment Signal: Hold

Current Market Cap: A$372M

Learn more about EML stock on TipRanks’ Stock Analysis page.

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