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Nufarm Limited ( (AU:NUF) ) has issued an update.
Nufarm Limited has reported a change in the interests of director Rico Christensen following the vesting of rights under the company’s employee share plan. Christensen converted 937 vested rights into 937 ordinary shares at a value of approximately A$2,196, increasing his indirect holding to 142,661 ordinary shares and leaving him with 144,156 unvested rights held via Nufarm’s employee share plan trust. The transaction, which did not occur during a closed trading period, reflects routine equity-based remuneration and marginally increases director alignment with shareholders without signalling any broader change in Nufarm’s capital structure or strategic direction.
The most recent analyst rating on (AU:NUF) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Nufarm Limited stock, see the AU:NUF Stock Forecast page.
More about Nufarm Limited
Nufarm Limited is an agricultural chemicals company specialising in the development, manufacture and distribution of crop protection products and seed technologies for farmers and agribusinesses globally. Listed on the ASX, Nufarm operates in the agribusiness and agrochemicals industry, supplying herbicides, insecticides, fungicides and related solutions to support agricultural productivity across key farming markets.
Average Trading Volume: 1,211,602
Technical Sentiment Signal: Sell
Current Market Cap: A$910.2M
For a thorough assessment of NUF stock, go to TipRanks’ Stock Analysis page.