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Mcpherson’S Limited ( (AU:MCP) ) has issued an update.
McPherson’s Limited announced the conclusion of an Unmarketable Parcels Share Sale Facility, aimed at shareholders holding less than $500 worth of shares. The facility allowed the sale of 849,382 shares from 1,581 shareholdings, with the sale proceeds to be distributed to shareholders soon after settlement. The company ensured that all shareholders receive the same price per share, enhancing shareholder engagement and simplifying the management of unmarketable parcels.
More about Mcpherson’S Limited
McPherson’s Limited is a prominent Australian supplier specializing in essential health, beauty, and wellness products. The company boasts five core brands: ‘Manicare’, ‘Lady Jayne’, ‘Dr LeWinns’, ‘Swisspers’, and ‘Fusion’. McPherson’s focuses on expanding these brands through pharmacy, grocery, and e-commerce channels, and also offers a range of additional popular brands in segments like haircare, vitamins, supplements, fragrance, and nutrition. Headquartered in Sydney, it operates offices in Melbourne, Auckland, Hong Kong, and Shanghai, and is listed on the Australian Securities Exchange.
YTD Price Performance: 1.67%
Average Trading Volume: 3,775
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €28.73M
See more data about MCP stock on TipRanks’ Stock Analysis page.
