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The latest update is out from Australian Agricultural Company ( (AU:AAC) ).
The Australian Agricultural Company Limited (AACo) has announced a change in the director’s interest, specifically regarding David Harris. The change involves the vesting of 50% of Performance Rights under the 2023 Deferred Equity Award, resulting in an increase in fully paid ordinary shares held by the director. This adjustment reflects AACo’s ongoing commitment to aligning executive interests with company performance, potentially impacting stakeholder perceptions and reinforcing the company’s strategic focus on long-term incentives.
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 cattle production and beef supply. It is one of Australia’s oldest companies, with a significant presence in the beef industry, providing high-quality beef products to 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
Find detailed analytics on AAC stock on TipRanks’ Stock Analysis page.