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Director’s Increased Shareholding Reflects Confidence in Metcash
Company Announcements

Director’s Increased Shareholding Reflects Confidence in Metcash

Story Highlights
  • Metcash Limited operates in wholesale distribution, supplying food, liquor, and hardware.
  • Director Margaret Anne Haseltine increased her shareholding, signaling confidence in Metcash.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Metcash Limited ( (AU:MTS) ) has provided an announcement.

Metcash Limited has announced a change in the interests of its director, Margaret Anne Haseltine, who has acquired an additional 1,850 ordinary shares through the company’s Dividend Reinvestment Plan. This acquisition increases her total holding to 69,355 shares, reflecting her continued investment in the company and aligning her interests with shareholders. Such changes in director shareholding are essential indicators of confidence in the company’s ongoing performance and strategic direction, potentially influencing stakeholder perception and market dynamics.

More about Metcash Limited

Metcash Limited operates in the wholesale distribution industry, focusing on supplying food, liquor, and hardware products primarily to independent retailers across Australia. The company plays a vital role in supporting independent businesses by providing them with a wide range of products and services, ensuring competitive market positioning.

YTD Price Performance: -26.08%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.13B

See more data about MTS stock on TipRanks’ Stock Analysis page.

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