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Ridley Corporation Limited ( (AU:RIC) ) has shared an update.
Ridley Corporation Limited has announced a change in the director’s interest notice, with Director Rhys Jones acquiring 3,412 ordinary shares. This acquisition was made through an election to receive shares in lieu of part of his entitlement to director’s fees, increasing his total holding to 158,297 shares. This move reflects a strategic choice by the director to increase his stake in the company, possibly indicating confidence in the company’s future performance.
The most recent analyst rating on (AU:RIC) stock is a Buy with a A$3.48 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 sector, focusing on the production of animal nutrition solutions. The company provides a range of products and services aimed at enhancing the health and productivity of livestock, catering primarily to the agricultural market.
Average Trading Volume: 901,148
Technical Sentiment Signal: Buy
Current Market Cap: A$1.14B
For detailed information about RIC stock, go to TipRanks’ Stock Analysis page.