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GrainCorp Announces Director’s Interest Changes Reflecting Incentive Plan Adjustments

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GrainCorp Announces Director’s Interest Changes Reflecting Incentive Plan Adjustments

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Graincorp Limited Class A ( (AU:GNC) ) just unveiled an update.

GrainCorp Limited has announced a change in the director’s interest, specifically concerning Robert Spurway. The changes involve the vesting and lapsing of performance and deferred equity rights into ordinary shares, reflecting adjustments in Spurway’s direct and indirect holdings. This update is part of GrainCorp’s ongoing remuneration strategy, impacting the distribution of shares and rights under its short-term and long-term incentive plans. The changes are indicative of the company’s structured approach to executive compensation, aligning with its financial strategies and stakeholder interests.

The most recent analyst rating on (AU:GNC) stock is a Buy with a A$9.05 price target. To see the full list of analyst forecasts on Graincorp Limited Class A stock, see the AU:GNC Stock Forecast page.

More about Graincorp Limited Class A

GrainCorp Limited is a prominent player in the agribusiness industry, focusing on the storage, handling, and marketing of grains and related products. The company operates primarily in the Australian market, providing essential services to grain producers and consumers.

Average Trading Volume: 958,243

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.87B

For detailed information about GNC stock, go to TipRanks’ Stock Analysis page.

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