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The latest announcement is out from Inghams Group Ltd. ( (AU:ING) ).
Australian Retirement Trust Pty Ltd has become a substantial holder in Inghams Group Limited, acquiring a voting power of 5.003% with 18,595,837 fully paid ordinary shares. This acquisition signifies a notable stake in the company, potentially influencing its operations and decisions, while also highlighting the trust’s strategic investment in the poultry sector.
More about Inghams Group Ltd.
Inghams Group Limited is a notable player in the poultry industry, primarily involved in the production and sale of chicken and turkey products. The company focuses on providing high-quality poultry products to various markets, leveraging its established presence in the food industry.
YTD Price Performance: 5.91%
Average Trading Volume: 694
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €735.4M
For a thorough assessment of ING stock, go to TipRanks’ Stock Analysis page.