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Metcash Limited ( (AU:MTS) ) has shared an update.
Metcash Limited announced the cessation of 22,248 performance rights due to the lapse of conditional rights that were not satisfied by the specified date. This development may affect the company’s capital structure and could have implications for stakeholders, particularly in terms of performance-based incentives.
The most recent analyst rating on (AU:MTS) stock is a Buy with a A$4.00 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 providing grocery, liquor, and hardware distribution services across Australia. The company focuses on supporting independent retailers and enhancing their competitiveness in the market.
Average Trading Volume: 3,252,826
Technical Sentiment Signal: Buy
Current Market Cap: A$4.31B
See more insights into MTS stock on TipRanks’ Stock Analysis page.