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An announcement from Metcash Limited ( (AU:MTS) ) is now available.
Metcash Limited announced a change in the director’s interest, specifically regarding the Group CEO, Douglas Jones. The company issued 772,870 Performance Rights to Mr. Jones under its Equity Incentive Plan as part of his long-term incentive award for FY26. This grant was approved by shareholders at the 2025 annual general meeting. The issuance of these Performance Rights reflects the company’s commitment to aligning executive compensation with long-term performance goals, potentially impacting the company’s operational focus and shareholder interests.
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 distribution and marketing industry, primarily focusing on supplying groceries, fresh produce, liquor, hardware, and other consumer goods 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: 3,755,340
Technical Sentiment Signal: Buy
Current Market Cap: A$4.32B
See more insights into MTS stock on TipRanks’ Stock Analysis page.