An announcement from Australian Agricultural Company Limited ( (AU:AAC) ) is now available.
Tattarang Pty Ltd, as a trustee for the Peepingee Trust, along with Nicola Margaret Forrest and John Andrew Henry Forrest, has increased its substantial holdings in Australian Agricultural Company Limited. Their voting power rose from 21.37% to 22.38% with the purchase of 6,055,726 additional shares. This change indicates a strengthened influence by Tattarang within the company, possibly impacting decision-making processes and strategic directions.
More about Australian Agricultural Company Limited
Australian Agricultural Company Limited is a prominent player in the agriculture industry, primarily focused on cattle production and beef export. The company is known for its extensive cattle stations and supply chain operations, catering to both domestic and international markets.
YTD Price Performance: 3.37%
Average Trading Volume: 14,450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $534.9M
See more insights into AAC stock on TipRanks’ Stock Analysis page.