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Metcash Limited ( (AU:MTS) ) has issued an announcement.
Metcash Limited announced the cessation of 44,662 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s performance metrics and future incentive plans.
The most recent analyst rating on (AU:MTS) stock is a Hold with a A$3.50 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, providing a range of products and services primarily focused on grocery, liquor, and hardware sectors in Australia.
YTD Price Performance: 10.51%
Average Trading Volume: 3,614,531
Technical Sentiment Signal: Sell
Current Market Cap: A$3.58B
For detailed information about MTS stock, go to TipRanks’ Stock Analysis page.