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Metcash Limited ( (AU:MTS) ) has provided an announcement.
Metcash Limited has announced the issuance of 41,058 performance rights as part of an employee incentive scheme. These securities are unquoted and are not intended to be listed on the ASX, reflecting the company’s strategy to motivate and retain key personnel, which could potentially enhance its operational efficiency and market competitiveness.
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, providing a wide range of products and services primarily to independent retailers and businesses. The company focuses on supplying groceries, liquor, and hardware products, positioning itself as a key player in supporting independent retail operations across Australia.
Average Trading Volume: 3,252,826
Technical Sentiment Signal: Buy
Current Market Cap: A$4.31B
For a thorough assessment of MTS stock, go to TipRanks’ Stock Analysis page.