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Ridley Corporation Director Increases Stake in Strategic Move

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Ridley Corporation Director Increases Stake in Strategic Move

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The latest announcement is out from Ridley Corporation Limited ( (AU:RIC) ).

Ridley Corporation Limited has announced a change in the director’s interest, with Melanie Susan Laing acquiring an additional 3,900 ordinary shares. This acquisition was made through an election to receive shares in lieu of part of her director’s fees, increasing her total beneficial interest in the company. The change reflects a strategic decision by the director to increase her stake in the company, potentially signaling confidence in Ridley’s future performance and stability.

The most recent analyst rating on (AU:RIC) stock is a Buy with a A$3.48 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.

More about Ridley Corporation Limited

Ridley Corporation Limited operates in the agribusiness sector, focusing on the production of animal nutrition solutions. The company is a leading provider of high-quality animal feed products, serving various markets including livestock, poultry, and aquaculture industries.

Average Trading Volume: 901,148

Technical Sentiment Signal: Buy

Current Market Cap: A$1.14B

See more data about RIC stock on TipRanks’ Stock Analysis page.

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