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Australian Agricultural Company ( (AU:AAC) ) just unveiled an update.
Australian Agricultural Company Limited has successfully refinanced its Club Debt Facilities, extending the expiry to October 2030 and increasing the total facility capacity from $600 million to $680 million. This refinancing provides AACo with enhanced financial flexibility and capacity to pursue its strategic growth initiatives, which are expected to drive future business outcomes and maintain a strong market position.
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 agricultural industry, focusing on beef production and land management. The company is committed to strategic growth through initiatives such as Better Beef, Partner and Invest, and Unlock the Value of the Land.
Average Trading Volume: 296,388
Technical Sentiment Signal: Buy
Current Market Cap: A$858.6M
For a thorough assessment of AAC stock, go to TipRanks’ Stock Analysis page.