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Meridian Energy Issues Performance Share Rights to Executives

Story Highlights
  • Meridian Energy operates in the renewable energy sector in New Zealand.
  • The company issued 778,614 performance share rights to align management interests with shareholders.
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Meridian Energy Issues Performance Share Rights to Executives

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Meridian Energy Limited ( (MDDNF) ) has shared an update.

Meridian Energy Limited has announced the issuance of 778,614 performance share rights to senior executives and management as part of its Executive Long-Term Incentive Scheme. This move is aimed at aligning the interests of the management with those of the shareholders, potentially impacting the company’s operational strategies and market positioning by incentivizing performance over a three-year period.

More about Meridian Energy Limited

Meridian Energy Limited is a New Zealand-based company operating in the energy industry. It is listed on the NZX under the ticker MEL and on the ASX as MEZ. The company primarily focuses on renewable energy generation and is involved in the production and supply of electricity.

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

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