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Regis Healthcare Adjusts Director’s Incentive Plan

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Regis Healthcare Adjusts Director’s Incentive Plan

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Regis Healthcare Ltd. ( (AU:REG) ) has issued an update.

Regis Healthcare Ltd announced a change in the director’s interest notice, specifically regarding Dr. Linda Jane Mellors. The company canceled 4,688 rights granted to Dr. Mellors under the FY2023 Long Term Incentive plan due to unmet performance conditions. This adjustment reflects the company’s adherence to performance-based incentive structures, potentially impacting the director’s future compensation and aligning with shareholder interests.

The most recent analyst rating on (AU:REG) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Regis Healthcare Ltd. stock, see the AU:REG Stock Forecast page.

More about Regis Healthcare Ltd.

Regis Healthcare Ltd is a company operating in the healthcare industry, primarily focusing on providing aged care services. The company is known for its residential care facilities and services tailored to the elderly population, positioning itself as a key player in the aged care market.

Average Trading Volume: 1,250,545

Technical Sentiment Signal: Buy

Current Market Cap: A$1.95B

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

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