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Ridley Corporation Director Increases Shareholding

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Ridley Corporation Director Increases Shareholding

Confident Investing Starts Here:

Ridley Corporation Limited ( (AU:RIC) ) has shared an announcement.

Ridley Corporation Limited announced a change in the director’s interest, with Rhys Jones acquiring additional ordinary shares. This acquisition, involving both a share election in lieu of director’s fees and participation in a retail entitlement offer, increases Jones’s total shareholding, reflecting confidence in the company’s strategic direction and potential growth.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.75 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 agricultural industry, focusing on the production of animal nutrition solutions. The company is known for its development and supply of high-quality feed products tailored to meet the needs of various livestock sectors.

Average Trading Volume: 497,259

Technical Sentiment Signal: Buy

Current Market Cap: A$1B

See more data about RIC stock on TipRanks’ Stock Analysis page.

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