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Wellard Ltd. Prepares for Final Voyage of MV Ocean Drover

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Wellard Ltd. Prepares for Final Voyage of MV Ocean Drover

Confident Investing Starts Here:

Wellard Ltd. ( (AU:WLD) ) has provided an announcement.

Wellard Limited has announced the completion of the penultimate voyage of its vessel, MV Ocean Drover, and is preparing for its final commercial voyage under the company’s ownership. The delivery date to the buyers, Meteors Shipping SA, has been extended to the first half of August 2025 due to scheduling delays, but this change will not affect the planned return of capital to shareholders on 28 August 2025.

More about Wellard Ltd.

Wellard Limited operates in the livestock transportation industry, primarily focusing on the shipping of live animals. The company is known for its fleet of specialized vessels designed for this purpose and has a significant market presence in the global livestock shipping sector.

YTD Price Performance: 183.33%

Average Trading Volume: 384,372

Technical Sentiment Signal: Buy

Current Market Cap: A$90.31M

For a thorough assessment of WLD stock, go to TipRanks’ Stock Analysis page.

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