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Metcash Limited ( (AU:MTS) ) has shared an announcement.
Metcash Limited has announced the issuance of 772,870 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move reflects the company’s commitment to aligning employee incentives with corporate performance, potentially enhancing employee engagement and retention.
The most recent analyst rating on (AU:MTS) stock is a Buy with a A$4.35 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 sector, primarily focusing on supplying grocery, liquor, and hardware products to independent retailers across Australia.
Average Trading Volume: 3,755,340
Technical Sentiment Signal: Buy
Current Market Cap: A$4.32B
Learn more about MTS stock on TipRanks’ Stock Analysis page.