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The latest update is out from Metcash Limited ( (AU:MTS) ).
Metcash Limited has applied to the ASX for quotation of 737,001 new fully paid ordinary shares to be issued on 28 January 2026 under a dividend or distribution plan. The additional securities modestly increase the company’s listed capital base and reflect its ongoing use of equity-based distribution mechanisms, which can support balance sheet flexibility while providing shareholders with an alternative to cash dividends.
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 is an Australian wholesaler and distributor that supplies independent retailers across the food, grocery, liquor and hardware sectors, primarily serving the IGA, Cellarbrations, Mitre 10 and other independent store networks throughout Australia.
YTD Price Performance: 0.61%
Average Trading Volume: 3,423,585
Technical Sentiment Signal: Sell
Current Market Cap: A$3.65B
See more insights into MTS stock on TipRanks’ Stock Analysis page.