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Metcash Limited ( (AU:MTS) ) has provided an update.
Metcash Limited has announced a change in the director’s interest notice, revealing that Director Margaret Anne Haseltine has acquired 1,702 ordinary shares through the company’s Dividend Reinvestment Plan, bringing her total to 71,057 shares. This transaction, valued at $6,586.74, reflects the director’s continued confidence in the company’s performance and aligns with Metcash’s strategy to enhance shareholder value through dividend reinvestment.
The most recent analyst rating on (AU:MTS) stock is a Buy with a A$4.50 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 operates in the wholesale distribution and marketing industry, primarily focusing on the supply of groceries, fresh produce, and liquor to independent retailers across Australia. The company plays a significant role in supporting local businesses by providing them with competitive supply chain solutions.
Average Trading Volume: 3,730,875
Technical Sentiment Signal: Buy
Current Market Cap: A$4.59B
For detailed information about MTS stock, go to TipRanks’ Stock Analysis page.