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Yancoal Australia Updates on 2022 LTIP Rights

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Yancoal Australia ( (AU:YAL) ) has shared an announcement.

Yancoal Australia Ltd announced updates regarding its 2022 Long Term Incentive Plan (LTIP) Rights, with 82% of the performance share rights being awarded to eligible participants. The company has settled 894,778 vested rights through the transfer of existing shares, while 605,488 vested rights remain on issue, reflecting the company’s commitment to rewarding performance and aligning employee incentives with shareholder interests.

More about Yancoal Australia

Yancoal Australia Ltd is a leading coal producer in Australia, focusing on the mining and production of thermal and metallurgical coal. The company operates several mines across the country, supplying coal to both domestic and international markets.

YTD Price Performance: -13.38%

Average Trading Volume: 9,456

Technical Sentiment Signal: Buy

Current Market Cap: $4.19B

Learn more about YAL stock on TipRanks’ Stock Analysis page.

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