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Orica Limited Issues Performance Rights to Employees

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Orica Limited Issues Performance Rights to Employees

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An announcement from Orica Limited ( (AU:ORI) ) is now available.

Orica Limited announced the issuance of 33,380 performance rights under an employee incentive scheme, which are unquoted securities not intended for trading on the ASX. This move is part of the company’s strategy to incentivize and retain key employees, potentially impacting its operational efficiency and market competitiveness.

The most recent analyst rating on (AU:ORI) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Orica Limited stock, see the AU:ORI Stock Forecast page.

More about Orica Limited

Orica Limited is a company operating in the chemicals industry, primarily focusing on the production and supply of explosives and blasting systems for mining, quarrying, and construction industries.

Average Trading Volume: 1,744,054

Technical Sentiment Signal: Buy

Current Market Cap: A$10.08B

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

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