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An announcement from Graincorp Limited Class A ( (AU:GNC) ) is now available.
GrainCorp Limited announced a change in the director’s interest, as its Managing Director and CEO, Robert Spurway, sold 149,706 shares to meet tax obligations related to the vesting of performance rights. Despite this sale, Spurway retains a significant shareholding in the company, maintaining 532,888 shares through direct and indirect holdings. This transaction reflects routine financial management by the company’s leadership and is not expected to impact GrainCorp’s operations or market position.
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 is an integrated grain and edible oils business, recognized as the largest grain storage and handling company in Eastern Australia and the leading edible oil processor and oilseed crusher in Australia and New Zealand. With over a century of history, GrainCorp has developed a global supply chain supported by high-quality infrastructure for storing, processing, and transporting grains and edible oils.
Average Trading Volume: 1,021,104
Technical Sentiment Signal: Buy
Current Market Cap: A$1.84B
For detailed information about GNC stock, go to TipRanks’ Stock Analysis page.