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RPMGlobal Holdings Ltd ( (AU:RUL) ) has provided an update.
RPMGlobal Holdings Limited announced the lapse of 23,324 options and the vesting of 915,138 zero-exercise price options (ZEPOs) under its long-term incentive plan. The ZEPOs, issued in 2022, vested due to RPM’s share price outperforming the S&P ASX 300 Accumulated index by 156.5% over three years, reflecting positively on the company’s market performance and employee retention strategy. This development does not affect the terms of a non-binding proposal by Caterpillar.
The most recent analyst rating on (AU:RUL) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on RPMGlobal Holdings Ltd stock, see the AU:RUL Stock Forecast page.
More about RPMGlobal Holdings Ltd
RPMGlobal Holdings Limited, listed on the Australian Securities Exchange, is a global leader in mining software solutions and professional development for the mining industry. With over 50 years of experience, RPM provides innovative software and expertise to enhance value extraction at every stage of the mining lifecycle, supporting safer and more efficient operations in over 125 countries.
Average Trading Volume: 745,381
Technical Sentiment Signal: Buy
Current Market Cap: A$1.02B
For detailed information about RUL stock, go to TipRanks’ Stock Analysis page.