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 -0.71%
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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    Australian Agricultural Company (ASX:AAC) share price slips on full-year results

    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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    Here's why the Australian Agricultural Company (ASX:ACC) share price is up 6% today

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    New Chinese government threat leaves these ASX mining stocks on tenterhooks

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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
    11 Oct 2024 $1.42 $0.02 1.43% 175,376 $1.41 $1.42 $1.39
    10 Oct 2024 $1.40 $0.01 0.72% 117,987 $1.39 $1.43 $1.39
    09 Oct 2024 $1.39 $-0.02 -1.42% 93,754 $1.40 $1.42 $1.39
    08 Oct 2024 $1.41 $0.01 0.71% 194,943 $1.39 $1.42 $1.39
    07 Oct 2024 $1.40 $0.00 0.00% 428,530 $1.39 $1.43 $1.38
    04 Oct 2024 $1.40 $-0.01 -0.71% 177,524 $1.42 $1.42 $1.38
    03 Oct 2024 $1.41 $-0.02 -1.40% 114,656 $1.43 $1.44 $1.40
    02 Oct 2024 $1.43 $0.01 0.70% 95,524 $1.43 $1.45 $1.42
    01 Oct 2024 $1.42 $-0.03 -2.07% 158,855 $1.44 $1.46 $1.40
    30 Sep 2024 $1.45 $0.01 0.69% 192,643 $1.44 $1.47 $1.43
    27 Sep 2024 $1.44 $-0.03 -2.04% 158,645 $1.43 $1.46 $1.41
    26 Sep 2024 $1.47 $0.06 4.26% 210,283 $1.41 $1.47 $1.40
    25 Sep 2024 $1.41 $0.01 0.71% 77,806 $1.40 $1.42 $1.40
    24 Sep 2024 $1.40 $-0.01 -0.71% 125,766 $1.42 $1.42 $1.38
    23 Sep 2024 $1.41 $0.01 0.72% 136,913 $1.40 $1.41 $1.37
    20 Sep 2024 $1.40 $-0.02 -1.41% 341,377 $1.42 $1.42 $1.39
    19 Sep 2024 $1.42 $0.02 1.43% 130,248 $1.41 $1.42 $1.40
    18 Sep 2024 $1.40 $0.01 0.72% 155,926 $1.40 $1.41 $1.40
    17 Sep 2024 $1.39 $-0.01 -0.71% 120,688 $1.42 $1.42 $1.39
    16 Sep 2024 $1.40 $-0.02 -1.41% 242,985 $1.40 $1.44 $1.40
    13 Sep 2024 $1.42 $0.02 1.43% 713,334 $1.39 $1.42 $1.37

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    16 Sep 2024 David Harris Buy 34,866 $48,812
    Conversion of securities.
    16 Sep 2024 David Harris Exercise 34,866 $48,812
    Conversion of securities. 896,989 Rights
    26 Aug 2024 David Harris Exercise 33,076 $44,983
    Conversion of securities. 832,574 Rights
    26 Aug 2024 David Harris Issued 33,076 $44,983
    Conversion of securities.
    26 Aug 2024 David Harris Issued 99,281 $135,022
    Issue of securities. 931,855 Rights
    03 Jan 2024 David Harris Issued 281,743 $394,440
    Issue of securities. 8,65,650 Rights

    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's previous roles with public companies include Chairman of Telstra Corporation Limited, Chairman of NuFarm, Deputy Chairman of James Hardie, 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. In 2001, Mr McGauchie was named Rabobank Agribusiness Leader of the year and awarded the Centenary Medal for services to Australian society through agriculture and business. In 2004 Mr McGauchie was appointed an Officer of the Order of Australia for services to the wool and grain industries. During the past three years, Mr McGauchie has served as a Director of the following listed company- GrainCorp Limited - resigned February 2022. He is member of Staff committee.
    Mr Stuart Alexander Black Non-Executive Director Oct 2011
    Mr Black has experience in agribusiness. He is a former non executive 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. During the past three years, His current directorship is with Noumi Limited - appointed March 2021. Mr Black is Chairman of the Risk Management Committee.
    Mr Anthony Abraham Non-Executive Director Sep 2014
    Mr Abraham has over 30 years' experience in banking, finance and investment management, including 20 years in food and agriculture. Mr Abraham established Macquarie Group's agricultural fund's management business and is currently a member of ROC Partners' food and agricultural investment team. Mr Abraham is Chairman of the Staff Committee and a member of the Risk Management Committee.
    Mr Neil Reisman Non-Executive Director May 2016
    Mr Reisman has more than 30 years of business experience with emphasis on operations, legal, tax, investments and finance. He has worked at multinational companies, including Tavistock Group, Arthur Andersen and Amoco Corporation. He is a member of the Risk Management Committee.
    Ms Jessica Claire Rudd Non-Executive Director Nov 2017
    Ms Rudd, in 2015, founded Jessica's Suitcase, an e-commerce retail platform that offers 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). Ms Rudd was the interim CEO of The Parenthood during 2023/2024 and is currently an Independent Director at Hostplus. She has served on the Griffith University Council since January 2020 and was appointed co-chair of the National Apology Foundation in 2021. As of March 2023, Ms Rudd has served as Pro-Chancellor (People, Nominations and Remuneration) Griffith University. 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 was admitted to the Supreme Court of Queensland as a solicitor in 2007. Ms Rudd is a member of the Staff Committee and Brand, Marketing and Sales Committee.
    Mr Marc Jonathan Blazer Non-Executive Director Jul 2019
    Mr Blazer is currently the Chairman and CEO of Overture Holdings, a consumer, food & beverage, and hospitality investment group. He was the co-owner and Chairman of the Board of Noma Holdings, the parent company of 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 CEO of Boutique Life Inc, the parent company for Boutique, a vacation rental booking platform. In addition to his consumer and hospitality business activities, Mr Blazer has also had career in capital markets. He was a partner and the global head of investment banking at Cantor Fitzgerald, on the advisory board of Enertech, and also worked at ChaseMellon Financial Corp. 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. Mr Blazer is Chairman of the Brand, Marketing and Sales Committee.
    Ms Sarah Gentry Non-Executive Director Oct 2022
    Ms Gentry is a Vice President at the Tavistock Group where she manages investments in the food, agriculture, health and technology sectors. She has experience in finance, operations, investments and marketing. Ms Gentry is a member of the Risk Management Committee.
    Mr David Harris Chief Executive OfficerManaging Director Sep 2022
    Mr Harris, with supply chain experience across aspects of Australian agriculture, has developed knowledge in the operation of large-scale animal production systems, having previously held executive positions with Stanbroke, Smithfield Cattle Co. and having run a private agricultural consultancy business and family farming operations in central west New South Wales.
    Mr Josh Levy Non-Executive Director Dec 2023
    Mr Levy is a member of the Nomination Committee. Mr Levy is Co-Chief Executive Officer of Tavistock Group, member of the Board of Directors and Executive Committee, where his responsibilities include investment strategy and portfolio management. He also serves as Chief Executive Officer of UK-headquartered specialist business lender, Ultimate Finance. Mr Levy has experience in food and hospitality serving as a non-executive Director of Mitchells & Butlers plc, a FTSE 250 group, and the UK's owner of managed pubs and restaurants, since 2015. 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 plc specialising in UK mergers and acquisitions and equity capital markets.
    Ms Emily Bird Company Secretary Feb 2024
    -
    A. O'Brien Chief Commercial Officer
    -
    G. Steedman Chief Financial Officer
    -
    Emily Bird Company Secretary
    -
    J. Huntington Executive General Manager - Corporate Services
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 467,087,252 77.49%
    Citicorp Nominees Pty Limited 22,191,444 3.68%
    J P Morgan Nominees Australia Pty Limited 12,611,776 2.09%
    Custodial Services Limited <Beneficiaries Holding A/C> 7,117,894 1.18%
    Aaco Nominees Pty Limited <Aaco Ltip A/C> 5,489,077 0.91%
    BNP Paribas Nominees Pty Ltd 4,132,796 0.69%
    Quality Life Pty Ltd <The Neill Family A/C> 3,175,000 0.53%
    Bbfit Investments Pte Ltd 1,679,499 0.28%
    Mr Barry Martin Lambert 1,177,660 0.20%
    Tiger Investment Corporation Pty Ltd <Kennedy Super Fund A/C> 965,000 0.16%
    Mrs Joy Wilma Lillian Lambert 921,702 0.15%
    Rathvale Pty Limited 784,082 0.13%
    Mcgauchie Super Pty Ltd 771,416 0.13%
    Netwealth Investments Limited <Wrap Services A/C> 714,197 0.12%
    Mr Lenard James Norris 700,000 0.12%
    Wykala Pty Limited 700,000 0.12%
    Gladiator Securities Pty Ltd <Hayberry Global Fund A/C> 685,200 0.11%
    Ioof Investment Services Limited <Ips Superfund A/C> 538,019 0.09%
    Crofton Park Developments Pty Ltd <Sam Brougham Family A/C> 473,105 0.08%
    Mr Bruce Macaulay Bennett 454,807 0.08%

    Profile

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