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National Storage REIT Withdraws Resolution on Executive Incentive Plan

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National Storage REIT Withdraws Resolution on Executive Incentive Plan

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The latest update is out from National Storage REIT ( (AU:NSR) ).

National Storage REIT has announced the withdrawal of a resolution from its upcoming Annual General Meeting agenda, which involved the issuance of GRIP Performance Rights to Managing Director Andrew Catsoulis. This decision follows stakeholder feedback and reflects the company’s commitment to aligning executive remuneration with long-term value creation and retention of key executives. The withdrawal will not affect other meeting items or proxy votes already submitted.

The most recent analyst rating on (AU:NSR) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on National Storage REIT stock, see the AU:NSR Stock Forecast page.

More about National Storage REIT

National Storage is the largest self-storage provider in Australia and New Zealand, operating over 275 locations and serving more than 94,500 residential and commercial customers. It is the first independent, internally managed, and fully integrated owner and operator of self-storage centers listed on the Australian Securities Exchange (ASX).

Average Trading Volume: 4,455,042

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$3.33B

See more insights into NSR stock on TipRanks’ Stock Analysis page.

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