I'm wondering the same thing. If anything, the incentive hurdles are higher than I expected.. nothing below EBIt growth of 18%.
It could be that the stock was already priced expensive but I don't see this announcement as a reason to reduce the company valuation.
The fact that the change is happening a year from now adds to my peace of kind. Nothing was done in a rush.
Ann: CEO Succession Update, page-6
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Last
$29.62 |
Change
-0.300(1.00%) |
Mkt cap ! $3.279B | |||
| Open | High | Low | Value | Volume |
| $29.60 | $30.10 | $29.54 | $8.162M | 273.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2538 | $29.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.74 | 132 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LOV (ASX) Chart |