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Meridian Energy Transfers Treasury Stock to Employees Under Incentive Scheme

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Meridian Energy Transfers Treasury Stock to Employees Under Incentive Scheme

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An update from Meridian Energy Limited ( (MDDNF) ) is now available.

Meridian Energy Limited has announced the transfer of treasury stock held for its Executive Long Term Incentive Scheme to entitled employees, converting 941,776 share rights into 1,070,253 ordinary shares. This move is part of the company’s ongoing efforts to align employee incentives with shareholder interests, potentially impacting its market positioning by enhancing employee engagement and retention.

More about Meridian Energy Limited

Meridian Energy Limited is a New Zealand-based company operating in the energy sector. It is listed on the New Zealand Stock Exchange (NZX) and the Australian Securities Exchange (ASX), and it primarily focuses on generating and retailing electricity.

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

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