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Graincorp Limited Announces Cessation of Performance Rights

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Graincorp Limited Announces Cessation of Performance Rights

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

Graincorp Limited announced the cessation of 148,100 performance rights due to the lapse of conditional rights that were not satisfied. This announcement may impact the company’s capital structure and reflects on the performance criteria set for these securities, potentially influencing investor perceptions and stakeholder confidence.

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 operates in the agribusiness industry, primarily focusing on grain handling, storage, and marketing services. The company plays a significant role in the agricultural supply chain, catering to both domestic and international markets.

Average Trading Volume: 958,243

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.87B

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

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