tiprankstipranks
Forrests’ Stake in Australian Ag Co. Surges
Company Announcements

Forrests’ Stake in Australian Ag Co. Surges

Australian Agricultural Company Limited (AU:AAC) has released an update.

Pick the best stocks and maximize your portfolio:

Tattarang Pty Ltd, along with Nicola and John Forrest, have increased their substantial holding in the Australian Agricultural Company Ltd from 19.49% to 21.37% by purchasing additional shares on the market. The Forrests’ relevant interest in Tattarang gives them each a voting power of more than 20%. This move, involving an investment of A$15,755,721, has further solidified the Forrests’ influence within the company.

For further insights into AU:AAC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskAustralian Agricultural Company Bolsters Director’s Equity Stake
TipRanks Australian Auto-Generated NewsdeskAustralian Agricultural Company Updates Trading Policy
TipRanks Auto-Generated NewsdeskAustralian Agricultural Company Limited Reports Strong Turnaround
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App