GrainCorp Director Increases Holdings with On-Market Purchase

Story Highlights
GrainCorp Director Increases Holdings with On-Market Purchase

Graincorp Limited Class A ( (AU:GNC) ) has shared an update.

GrainCorp Limited announced a change in the interest of its director, Clive Stiff, who indirectly acquired 10,000 fully paid ordinary shares through an on-market purchase at $7.05 per share. This acquisition increases his total holdings to 30,000 shares, potentially reflecting increased confidence in the company’s future performance and market position.

More about Graincorp Limited Class A

GrainCorp Limited operates in the agriculture industry, primarily focusing on grain handling, storage, and related services. The company is a key player in the supply chain for grains and oilseeds, serving a diverse market with its comprehensive logistics network.

YTD Price Performance: -3.65%

Average Trading Volume: 15,311

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $982.2M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App