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Metcash Limited ( (AU:MTS) ) has issued an announcement.
Metcash Limited has announced the application for the quotation of 874,438 ordinary fully paid securities on the Australian Securities Exchange, effective from January 29, 2025. This development is part of the company’s ongoing efforts to enhance its capital structure, potentially impacting its market presence and providing increased value to its stakeholders.
More about Metcash Limited
Metcash Limited operates in the wholesale and distribution industry, primarily providing grocery, fresh food, liquor, and hardware products. The company focuses on supporting independent retailers across Australia, enabling them to compete against larger chain stores.
YTD Price Performance: -25.91%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.15B
Find detailed analytics on MTS stock on TipRanks’ Stock Analysis page.