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Metcash to Quote New Securities on ASX
Company Announcements

Metcash to Quote New Securities on ASX

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Invest with Confidence:

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.

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