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An update from Metcash Limited ( (AU:MTS) ) is now available.
Metcash Limited announced the cessation of 14,222 performance rights due to the lapse of conditional rights that were not met or became unachievable. This announcement may impact the company’s capital structure and reflects the challenges in meeting performance conditions, potentially affecting stakeholder confidence and future strategic planning.
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 and distribution industry, primarily supplying groceries, fresh produce, liquor, and hardware products to independent retailers across Australia. The company focuses on supporting independent businesses by providing a wide range of products and services to help them compete effectively in the market.
Average Trading Volume: 3,755,340
Technical Sentiment Signal: Buy
Current Market Cap: A$4.32B
Find detailed analytics on MTS stock on TipRanks’ Stock Analysis page.