BHP issues 2.9m shares under employee incentive schemes

BHP Group Limited will quote an additional 2.9 million fully paid ordinary shares on the ASX under employee incentive schemes at AUD 41.47 per share.

The shares are allocated to participants in BHP's Management Award Plan, Long Term Incentive Plan, and Cash and Deferred Plan. The company is using its 15% placement capacity under listing rules, avoiding the need for shareholder approval.

Following this issuance, BHP's total ordinary shares will increase to 5.08 billion.