Australian Agricultural Co Ltd (ASX: AAC) Share Price and News

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Australian Agricultural Co Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $855.93 million
P/E Ratio 196.08
Dividend Yield 0.00%
Shares Outstanding 602.77 million
Earnings per share -0.158
Dividend per share N/A
Year To Date Return 1.43%
Earnings Yield 0.51%
Franking -
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as at 24 Feb 3:44pm

  • Australian Agricultural Co Ltd (ASX: AAC)
    Latest News

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    The Australian Agricultural Company Ltd (ASX: AAC) share price is sliping today following the company's full-year results. Here's the highlights.

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    Frequently Asked Questions

    No, Australian Agricultural Co has not paid shareholder dividends in its recent history. Its last recorded shareholder dividend was an unfranked dividend payment in October 2008.

    Australian Agricultural Co Ltd listed on the ASX on 10 August 2001.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    14 Sep 2007 $0.0490 0.00% Final 05 Oct 2007
    14 Sep 2006 $0.0490 0.00% Interim 16 Oct 2006
    16 Sep 2005 $0.0532 26.32% Interim 14 Oct 2005
    23 Oct 2003 $0.0400 100.00% Final 28 Nov 2003

    AAC ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Australian Agricultural Co Ltd

    Australian Agricultural Co Ltd (ASX: AAC) raises cattle in Australia to process and export globally. It owns and operates Australia's largest beef herd — around 382,000 head — on its properties across 6.5 million hectares of land in Queensland and the Northern Territory. Its properties account for approximately 1% of Australia's land mass.

    Established in 1824, Australian Agricultural Co Ltd counts itself as Australia's oldest continuously operating company. It specialises in both grass-fed and grain-fed beef, as well as Japanese-style wagyu beef. AACo distributes branded beef to a range of customers globally, tailoring its route-to-market model by country to capitalise on regional opportunities.

    AACo invests in research and technologies in a bid to produce high-quality beef and improve productivity. The company says it has more opportunities for gathering data because its cattle are owned and monitored throughout the supply chain.

     

    AAC Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    17 May 2024 $1.42 $0.02 1.43% 149,895 $1.40 $1.42 $1.39
    16 May 2024 $1.40 $0.01 0.72% 232,563 $1.39 $1.40 $1.37
    15 May 2024 $1.39 $-0.02 -1.42% 100,788 $1.37 $1.40 $1.37
    14 May 2024 $1.41 $0.00 0.00% 295,536 $1.39 $1.41 $1.39
    13 May 2024 $1.41 $0.04 2.94% 267,382 $1.36 $1.41 $1.36
    10 May 2024 $1.36 $0.00 0.00% 194,753 $1.37 $1.37 $1.35
    09 May 2024 $1.37 $0.01 0.74% 105,777 $1.36 $1.37 $1.35
    08 May 2024 $1.36 $-0.01 -0.73% 39,305 $1.36 $1.37 $1.35
    07 May 2024 $1.37 $0.01 0.74% 105,398 $1.37 $1.37 $1.35
    06 May 2024 $1.35 $0.00 0.00% 66,756 $1.37 $1.37 $1.35
    03 May 2024 $1.36 $-0.04 -2.87% 79,404 $1.39 $1.39 $1.35
    02 May 2024 $1.40 $0.05 3.72% 194,849 $1.36 $1.40 $1.34
    01 May 2024 $1.35 $-0.03 -2.19% 74,449 $1.38 $1.38 $1.35
    30 Apr 2024 $1.37 $0.00 0.00% 71,026 $1.36 $1.38 $1.36
    29 Apr 2024 $1.37 $0.00 0.00% 90,926 $1.39 $1.40 $1.35
    26 Apr 2024 $1.38 $0.01 0.73% 105,646 $1.41 $1.41 $1.36
    24 Apr 2024 $1.37 $-0.02 -1.44% 136,788 $1.39 $1.39 $1.37
    23 Apr 2024 $1.39 $-0.02 -1.42% 75,916 $1.42 $1.42 $1.39
    22 Apr 2024 $1.41 $0.03 2.18% 73,010 $1.38 $1.43 $1.38
    19 Apr 2024 $1.38 $-0.02 -1.43% 172,070 $1.41 $1.41 $1.37

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    03 Jan 2024 David Harris Issued 281,743 $394,440
    Issue of securities. 8,65,650 Rights
    18 Sep 2023 David Harris Buy 34,865 $45,673
    Conversion of securities.
    18 Sep 2023 David Harris Exercise 34,865 $45,673
    Conversion of securities. 5,83,907 Performance Rights
    28 Aug 2023 David Harris Issued 100,376 $147,050
    Issue of securities. 6,18,772 Performance Rights
    15 Jun 2023 Marc Blazer Buy 10,000 $15,032
    On-market trade.
    09 Jun 2023 Marc Blazer Buy 10,000 $15,532
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Donald Gordon McGauchie Non-Executive DirectorNon-Executive Chairman May 2010
    Mr McGauchie was appointed a Director of Australian Agricultural Company Limited
    on 19 May 2010 and subsequently Chairman on 24 August 2010.His previous roles with public companies include Chairman of Telstra Corporation Limited, Chairman of NuFarm, Deputy Chairman of James Hardie, Director of GrainCorp Limited, Deputy Chairman of Ridley Corporation Limited, Director of National Foods Limited, Chairman of Woolstock, Chairman of the Victorian Rural Finance Corporation, Chairman of the Australian Wool Testing Authority, President of the National Farmers Federation from 1994 to 1998 and
    Director of Reserve Bank of Australia from 2000 to 2011.
    Mr Stuart Alexander Black Non-Executive Director Oct 2011
    Mr Black was appointed a Director on 5 October 2011. Mr Black is Chairman of the Audit and Risk Management Committee and a member of the Nomination Committee. Mr Black has experience in agribusiness. He is a non-executive director of Noumi Limited, a former nonexecutive director of Palla Pharma Limited, NetComm Wireless Limited, Coffey International Limited, and Country Education Foundation of Australia Limited, former Chairman of the Chartered Accountants Benevolent Fund Limited, and a past President of the Institute of Chartered Accountants of Australia. He was the inaugural Chair and is a past Board Member of the Australian Accounting Professional and Ethical Standards Board. In 2012 he was appointed a Member of the Order of Australia for services to the profession of accounting, to ethical standards, as a contributor to professional organisations and the community.
    Mr Anthony Abraham Non-Executive Director Sep 2014
    Mr Abraham was appointed a Director on 7 September 2014. Mr Abraham is
    Chairman of the Staff and Remuneration Committee and a member of the Audit
    and Risk Management Committee and Nomination Committee.
    Mr Neil Reisman Non-Executive Director May 2016
    Mr Reisman was appointed a Director on 10 May 2016. He is a member of the Audit
    and Risk Management Committee and the Nomination Committee
    Ms Jessica Claire Rudd Non-Executive Director Nov 2017
    Ms Rudd was appointed a director on 15 November 2017. Ms Rudd is a member of the Staff and Remuneration Committee, Nomination Committee and Brand, Marketing & Sales Committee. In 2015, Ms Rudd founded Jessica's Suitcase, an e-commerce retail platform that offers high-quality Australian products direct to Chinese consumers through online cross-border channels. In 2018, Ms Rudd announced the sale of Jessica's Suitcase to eCargo Holdings (ASX:ECG), on whose board she served as a non-executive director until 2020. Ms Rudd has served on the Griffith University Council since January 2020 and was appointed co-chair of the National Apology Foundation in 2021. Beginning her career as a media and intellectual property lawyer, Ms Rudd later worked in London as a crisis management consultant for a global communications firm before moving to Beijing, where she lived and worked for five years. Ms Rudd served as Australia and New Zealand Lifestyle Ambassador for the Alibaba Group from 2016 until 2020. She holds a Bachelor of Laws (Hons)/Bachelor of Commerce from Griffith University and was admitted to the Supreme Court of Queensland as a solicitor in 2007. She was awarded the Griffith University Arts, Education and Law Alumnus of the Year in 2013.
    Mr Marc Jonathan Blazer Non-Executive Director Jul 2019
    Mr Blazer was appointed a director on 31 July 2019. Mr Blazer is Chairman of the Brand, Marketing & Sales Committee. Mr Blazer is a leader in the international tourism and hospitality sector. Mr Blazer is currently the Chairman and CEO of Overture Holdings, a consumer, food & beverage, and hospitality investment group. From 2013 until 2020, he was the coowner and Chairman of the Board of Noma Holdings, the parent company of world-renowned restaurant noma based in Copenhagen; co-founder and Executive Chairman of New York based PRIOR, a global hospitality and travel company; and Co-founder and Director of Ahimsa Partners, a venture that invests in, licenses, owns, and operates hospitality ventures in India. In addition to his consumer and hospitality business activities, Mr Blazer has also had an career in capital markets. Before becoming Chairman of Overture Holdings, he was a partner and the global head of investment banking at Cantor Fitzgerald. During his tenure, he was named one of Investment Dealer's Digests 40-under-40 in 2006. While at Cantor, he was on the advisory board of Enertech, a clean energy venture fund. Prior to joining Cantor Fitzgerald, Mr. Blazer spent six years at ChaseMellon Financial Corp. (now Bank of New York Mellon), a joint venture between Chase Manhattan Corporation and Mellon Financial Group LLC. Earlier in his career, Mr Blazer was an advisor to members of Congress in both the US House of Representatives and Senate on tax matters, banking and securities legislation, international trade policy, and foreign relations.
    Ms Sarah Gentry Non-Executive Director Oct 2022
    Ms Gentry was appointed a Director on 24 October 2022. Ms Gentry is a member
    of the Audit, Risk and Management Committee and Nomination Committee.
    Mr David Harris Chief Executive OfficerManaging Director Sep 2022
    Mr Harris was appointed Managing Director and Chief Executive Officer on 27 September 2022. Prior to this appointment, Mr Harris held the position of Chief Operating Officer from March 2020, and had also worked with AACo from 2016 in a contracted capacity reporting to the CEO and Board of Directors to improve operational aspects of the business.
    Mr Josh Levy Non-Executive Director Dec 2023
    Mr Levy is Co-Chief Executive Officer of Tavistock Group, member of the Board of Directors and Executive Committee. He also serves as Chief Executive Officer of UK-headquartered business lender, Ultimate Finance. Mr Levy has experience in food and hospitality serving as a Non-Executive Director of Mitchells & Butlers plc.Mr Levy began his career in UK mergers and acquisitions and has worked at Tavistock Group since 2016. Prior to joining Tavistock, Mr Levy worked in investment banking at Investec Bank ple specialising in UK mergers and acquisitions and equity capital markets.
    Ms Emily Bird Company Secretary Feb 2024
    -
    Emily Bird Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 458,032,967 75.98%
    Citicorp Nominees Pty Limited 27,595,696 4.58%
    J P Morgan Nominees Australia Pty Limited 18,144,241 3.01%
    Custodial Services Limited <Beneficiaries Holding A/C> 5,877,710 0.98%
    Aaco Nominees Pty Limited <Aaco Ltip A/C> 5,634,147 0.93%
    BNP Paribas Nominees Pty Ltd 5,204,037 0.87%
    Quality Life Pty Ltd <The Neill Family A/C> 3,175,000 0.53%
    Mr Barry Martin Lambert 1,177,660 0.20%
    National Nominees Limited 1,106,727 0.18%
    Tiger Investment Corporation Pty Ltd <Kennedy Super Fund A/C> 965,000 0.16%
    Mrs Joy Wilma Lillian Lambert 921,702 0.15%
    MCGAUCHIE SUPER PTY LTD 771,416 0.13%
    Netwealth Investments Limited <Wrap Services A/C> 705,664 0.12%
    WYKALA PTY LIMITED 619,000 0.10%
    MR LENARD JAMES NORRIS 600,000 0.10%
    RATHVALE PTY LIMITED 563,968 0.09%
    BARJOY PTY LTD <THE LAMBERT FAMILY A/C> 483,864 0.08%
    MR BRUCE MACAULAY BENNETT 454,807 0.08%
    KILLEN FAMILY NOMINEES PTY LTD <KILLEN SUPER FUND A/C> 452,042 0.07%
    MR BARRY MARTIN LAMBERT + MRS JOY WILMA LILLIAN LAMBERT 450,000 0.07%

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