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Nufarm Limited ( (AU:NUF) ) has provided an update.
Nufarm Limited has announced the issuance of 881,836 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange. This move, part of an employee incentive scheme, is expected to enhance the company’s market presence and provide additional capital for its operations, potentially impacting its industry positioning and offering benefits to stakeholders.
The most recent analyst rating on (AU:NUF) stock is a Hold with a A$2.50 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 operates in the agricultural industry, primarily focusing on the production and distribution of crop protection solutions, including herbicides, insecticides, and fungicides. The company serves a global market, catering to the needs of farmers and agricultural professionals.
YTD Price Performance: -34.18%
Average Trading Volume: 1,619,410
Technical Sentiment Signal: Sell
Current Market Cap: A$892.5M
Learn more about NUF stock on TipRanks’ Stock Analysis page.