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Metcash Limited ( (AU:MTS) ) just unveiled an announcement.
Metcash Limited has lodged an Appendix 3Y notice with the ASX detailing a change in the interests of its Group CEO, Doug Jones, following the sale of ordinary shares held indirectly via a family trust. The company said the disposal was undertaken to meet Jones’s personal tax obligations, was carried out during an open trading window, and received prior approval under Metcash’s securities trading policy, emphasizing that he still holds a substantial shareholding and continues to exceed minimum shareholding requirements, signalling ongoing alignment with shareholder interests and adherence to corporate governance standards.
The most recent analyst rating on (AU:MTS) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Metcash Limited stock, see the AU:MTS Stock Forecast page.
More about Metcash Limited
Metcash Limited is an Australian wholesaler and distributor serving independent retailers across grocery, liquor and hardware markets. The company plays a key role in supplying products and support services to independently owned stores, underpinning competition and choice in the fast‑moving consumer goods and related sectors.
Average Trading Volume: 3,438,587
Technical Sentiment Signal: Sell
Current Market Cap: A$3.65B
Learn more about MTS stock on TipRanks’ Stock Analysis page.