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Australian Agricultural Company ( (AU:AAC) ) has issued an announcement.
Australian Agricultural Company Limited (AACo) has announced a change in the director’s interest, specifically concerning David Harris. The change involves the vesting of 50% of Performance Rights issued under the 2022 Deferred Equity Award, resulting in an increase in fully paid ordinary shares held by the director. This adjustment reflects the completion of certain vesting conditions and indicates AACo’s ongoing commitment to aligning executive interests with company performance, potentially impacting stakeholder confidence and market positioning.
The most recent analyst rating on (AU:AAC) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Australian Agricultural Company stock, see the AU:AAC Stock Forecast page.
More about Australian Agricultural Company
Australian Agricultural Company Limited (AACo) operates in the agriculture industry, focusing on the production of beef and related products. It is one of Australia’s oldest and largest integrated cattle and beef producers, with a market focus on both domestic and international markets.
YTD Price Performance: 0.71%
Average Trading Volume: 293,829
Technical Sentiment Signal: Buy
Current Market Cap: A$849.5M
For an in-depth examination of AAC stock, go to TipRanks’ Overview page.