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An update from Graincorp Limited Class A ( (AU:GNC) ) is now available.
Graincorp Limited has announced an update on its ongoing buy-back program, revealing that a total of 4,748,594 securities had been bought back prior to the previous day, with an additional 79,773 securities purchased on the previous day. This buy-back is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach in its financial management.
The most recent analyst rating on (AU:GNC) stock is a Hold with a A$7.95 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 agriculture industry, focusing on the supply chain of grains and oilseeds. The company is involved in the storage, handling, marketing, and processing of these commodities, serving various markets globally.
Average Trading Volume: 1,018,470
Technical Sentiment Signal: Buy
Current Market Cap: A$1.66B
Learn more about GNC stock on TipRanks’ Stock Analysis page.