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Wellard Ltd. ( (AU:WLD) ) has shared an update.
Wellard Ltd. has announced a General Meeting of Shareholders to discuss the proposed sale of the M/V Ocean Drover and a 15-cent per share capital return. This meeting will be held both physically and online, allowing shareholders to participate globally. The sale of the vessel and capital return are significant steps for Wellard, potentially impacting its operational focus and financial strategy. The hybrid meeting format reflects Wellard’s commitment to shareholder engagement and adaptability to modern communication methods.
More about Wellard Ltd.
Wellard Ltd. operates in the livestock transportation industry, focusing on the export of livestock and related services. The company is known for its fleet of specialized livestock carriers, catering primarily to international markets.
YTD Price Performance: 183.33%
Average Trading Volume: 10,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €45.96M
Find detailed analytics on WLD stock on TipRanks’ Stock Analysis page.