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Graincorp Limited Class A ( (AU:GNC) ) has shared an update.
GrainCorp Limited has disclosed a change in director Sarah Adam-Gedge’s relevant interest in the company’s securities, following an on-market purchase. Through her AustralianSuper member account, held via JP Morgan Nominees Australia Limited as custodian, she has acquired 8,500 fully paid ordinary GrainCorp shares at $5.90 per share.
This transaction represents the first holding of GrainCorp shares for Adam-Gedge, taking her interest from nil to 8,500 shares, and was executed as a straightforward on-market trade. The company confirmed there was no trading during a closed period requiring prior written clearance, and there were no changes reported in any director-related contracts.
The most recent analyst rating on (AU:GNC) stock is a Buy with a A$8.60 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 an Australian agribusiness operating in the grains sector, focused on grain storage, handling, marketing and related services. The company plays a key role in the supply chain for grain producers and buyers, connecting Australian grain to domestic and export markets.
Average Trading Volume: 1,195,876
Technical Sentiment Signal: Hold
Current Market Cap: A$1.32B
For a thorough assessment of GNC stock, go to TipRanks’ Stock Analysis page.