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Metcash Limited ( (AU:MTS) ) has shared an update.
Metcash Limited announced the successful passing of all resolutions at its 2025 Annual General Meeting, reflecting the board’s recommendations. The resolutions included the election and re-election of directors and the approval of performance rights for the Group CEO, indicating strong shareholder support and stability in leadership, which could positively impact the company’s strategic direction and stakeholder confidence.
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 industry, primarily focusing on the supply of groceries, fresh produce, liquor, and hardware to independent retailers across Australia. The company plays a significant role in supporting local businesses by providing a wide range of products and services tailored to meet the needs of its market.
Average Trading Volume: 3,720,618
Technical Sentiment Signal: Buy
Current Market Cap: A$4.45B
For a thorough assessment of MTS stock, go to TipRanks’ Stock Analysis page.