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Metcash Strengthens Compliance After Administrative Oversight

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Metcash Strengthens Compliance After Administrative Oversight

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The latest update is out from Metcash Limited ( (AU:MTS) ).

Metcash Limited has addressed a late lodgement issue concerning the Appendix 3Z for Mr. Murray Jordan, attributing the delay to an administrative oversight. The company has implemented several measures to ensure timely disclosure of directors’ interests, including maintaining a Directors’ Interests Register and embedding enhanced Business Control Management processes. Metcash views this incident as isolated and is committed to strengthening its compliance framework to prevent future occurrences.

The most recent analyst rating on (AU:MTS) stock is a Hold with a A$3.90 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 to independent retailers across Australia. The company focuses on supplying groceries, hardware, and liquor to its retail partners, positioning itself as a key player in supporting independent retail businesses.

Average Trading Volume: 3,147,570

Technical Sentiment Signal: Buy

Current Market Cap: A$4.13B

See more insights into MTS stock on TipRanks’ Stock Analysis page.

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