Meridian Energy Cancels Tranche of Executive Performance Share Rights
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Meridian Energy Limited has canceled 34,872 performance share rights granted to senior managers under its Executive Long-Term Incentive Scheme. This cancellation, which represents about 0.0013% of the total rights, reduces the outstanding rights to 2,097,294 without significantly affecting the company's capital structure. Meridian Energy is a New Zealand-based electricity generator and retailer, listed on the NZX and ASX.
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