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Ridley Corporation Limited ( (AU:RIC) ) has shared an update.
Ridley Corporation Limited announced the cessation of 121,614 performance rights, which were cancelled by mutual agreement between the entity and the holder. This action reflects a strategic decision impacting the company’s issued capital, potentially influencing its financial structuring and stakeholder interests.
The most recent analyst rating on (AU:RIC) stock is a Buy with a A$3.03 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.
More about Ridley Corporation Limited
Ridley Corporation Limited operates in the agribusiness industry, focusing on the production of animal nutrition solutions. The company provides a range of products and services aimed at enhancing livestock productivity and supporting agricultural markets.
Average Trading Volume: 656,553
Technical Sentiment Signal: Buy
Current Market Cap: A$993.4M
Learn more about RIC stock on TipRanks’ Stock Analysis page.