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

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Australian Agricultural Company Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $952.37 million
P/E Ratio 20.00
Dividend Yield N/A
Shares Outstanding 602.77 million
Earnings per share 0.076
Dividend per share N/A
Year To Date Return 38.64%
Earnings Yield 5.00%
Franking 20%
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

Should you invest $1,000 in right now?

Before you consider , you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

Australian Agricultural Co Ltd (ASX: AAC)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
16 Sep 2005 $0.0700 20.00% Interim 14 Oct 2005
16 Sep 2004 $0.0600 70.00% 13 Oct 2004

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 Company Ltd (ASX: AAC) was established in 1824 and claims the honour of being Australia’s oldest continuously operating company. The company is the largest integrated cattle producer in Australia, providing beef for both domestic and export markets.

Australian Agricultural Company owns around 6.4 million hectares of land across Queensland the Northern Territory comprised of farms, feedlots and processing plants. Its land ownership amounts to around 1% of Australia’s entire land mass.

Specialising in grass fed and Wagyu beef, some of the company’s brands include Wylarah, Westholme Wagyu, Master Kobe and Darling Downs Wagyu.

Originally listing on the ASX in 2001, the Australian Agricultural Company share price trended upwards for around seven years after listing. Since early 2008, however, the Australian Agricultural Company share price has been largely flat other than some periodic upticks, particularly during 2016 and 2017.

AAC Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
25 Oct 2021 $1.58 $0.06 3.93% 592,113 $1.54 $1.58 $1.54
22 Oct 2021 $1.53 $0.04 2.70% 630,287 $1.48 $1.53 $1.48
21 Oct 2021 $1.48 $0.00 0.00% 336,038 $1.46 $1.48 $1.46
20 Oct 2021 $1.48 $0.03 2.07% 363,989 $1.46 $1.48 $1.45
19 Oct 2021 $1.45 $-0.01 -0.69% 162,082 $1.45 $1.46 $1.45
18 Oct 2021 $1.46 $0.00 0.00% 86,943 $1.46 $1.46 $1.45
15 Oct 2021 $1.46 $0.01 0.69% 130,165 $1.46 $1.47 $1.45
14 Oct 2021 $1.45 $-0.02 -1.37% 289,525 $1.47 $1.47 $1.45
13 Oct 2021 $1.47 $0.02 1.38% 459,968 $1.45 $1.48 $1.44
12 Oct 2021 $1.45 $0.00 0.00% 517,997 $1.46 $1.47 $1.44
11 Oct 2021 $1.45 $0.00 0.00% 433,371 $1.46 $1.46 $1.44
08 Oct 2021 $1.45 $-0.01 -0.69% 344,330 $1.46 $1.47 $1.45
07 Oct 2021 $1.46 $0.01 0.69% 276,293 $1.44 $1.46 $1.44
06 Oct 2021 $1.45 $-0.02 -1.36% 456,325 $1.45 $1.46 $1.43
05 Oct 2021 $1.47 $-0.01 -0.68% 204,190 $1.48 $1.48 $1.45
04 Oct 2021 $1.48 $-0.02 -1.33% 321,813 $1.50 $1.50 $1.46
01 Oct 2021 $1.50 $0.03 2.04% 309,758 $1.48 $1.50 $1.47
30 Sep 2021 $1.47 $0.02 1.38% 229,604 $1.45 $1.48 $1.45
29 Sep 2021 $1.45 $0.00 0.00% 82,130 $1.43 $1.45 $1.43
28 Sep 2021 $1.45 $0.01 0.70% 69,001 $1.45 $1.45 $1.43

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
16 Sep 2021 Hugh Killen Issued 86 $125,925
Issue of securities. 86,845 - Performance Rights
13 Aug 2021 Hugh Killen Buy 169 $253,680
Conversion of securities.
13 Aug 2021 Hugh Killen Exercise 169 $253,680
Conversion of securities.
24 May 2021 Jessica Rudd Buy 32 $39,999
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Hugh Killen Chief Executive OfficerManaging Director Feb 2018
Mr Killen held the position of Chief Commercial Officer in a consulting capacity assisting AACo's operations and finance functions. Mr Killen is a experienced senior executive with over 25 years experience in global financial markets and has worked in London, New York and Sydney. Before joining AACo, Mr Killen spent 15 years at Westpac Institutional Bank. He held several senior executive roles which included managing Westpac Banking Corporation's North American business throughout the global financial crisis, and finally as the Managing Director of Fixed Income, Currency and Commodities. Mr Killen has also served as a board member of the Association for Financial Markets Global Foreign Exchange Division, sat on the Reserve Bank of Australia's (RBA) Australian Foreign Exchange Committee, and has represented Australia internationally as the RBA appointed member of the BIS Working Group developing the Global Code of Conduct for foreign exchange markets. Mr Killen has a lifelong association with agriculture, having being raised on pastoral properties in northern NSW and south-west Queensland, and has retained strong personal involvement in the industry through private investments in farming.
Mr Donald Gordon McGauchie Non-Executive DirectorNon-Executive Chairman May 2010
Mr McGauchie is currently a Director of GrainCorp Limited. His previous roles with public companies include Chairman of Nufarm Limited, Chairman of Telstra Corporation Limited, Deputy Chairman of Ridley Corporation Limited, Director of National Foods Limited, Chairman of Woolstock, Chairman of the Victorian Rural Finance Corporation (statutory corporation), Director of James Hardie Industries plc, and also President of the National Farmers Federation. During 2011 he retired as a member of the Reserve Bank Board. In 2001 Mr McGauchie was named the Rabobank Agribusiness Leader of the Year, was later awarded the Centenary Medal for services to Australian society through agriculture and business, and in 2004 was appointed an Officer of the Order of Australia. Mr McGauchie is the member of the Staff Committee and Brand, Marketing & Sales Committee.
Mr Thomas (Tom) B Keene Non-Executive Director Oct 2011
Mr Keene has had an career in agriculture; he is the former Managing Director of GrainCorp Limited, and is currently a Director of the leading Australian wood fibre exporter, Midway Limited. He is also the former Chairman of Grain Trade Australia Limited and a former Director of Cotton Seed Distributors Limited. In 2007, Mr Keene was named the NAB Agribusiness Leader of the Year. Mr Keene is Chairman of the Staff Committee.
Mr Stuart Alexander Black Non-Executive Director Oct 2011
Mr Black has experience in agribusiness. He is a current non-executive director of Palla Pharma Limited and Freedom Foods Group Limited, a former director of NetComm Wireless Limited, Coffey International Limited, 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 to the community. 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 18 years specifically in food and agriculture. Mr Abraham established Macquarie Group's agricultural funds management business and is currently a member of ROC Partners food and agricultural investment team. Mr Abraham consults to the Clean Energy Finance Corporation's food and agricultural team who seek investments aimed at facilitating the reduction of carbon intensity in the Australian agricultural sector. Mr Abraham is a member Risk Management Committee.
Dr Shehan Dissanayake Non-Executive Director Apr 2017
Dr Dissanayake is a senior Managing Director of the Tavistock Group. Before joining Tavistock Group in 2002, Dr Dissanayake was a Managing Partner of Arthur Anderson.
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 various multinational companies, including Tavistock Group, Arthur Andersen and Amoco Corporation. He received his juris doctor in 1986 from the University of Pennsylvania Law School and his Bachelor of Science in Accountancy in 1983 from the University of Illinois. He was also director of Mirati Therapeutics. Mr Reisman is a member of the Risk Management Committee.
Ms Jessica Claire Rudd Non-Executive Director Nov 2017
Ms Rudd founded Jessica's Suitcase, an e-commerce retail platform which offers high quality Australian products direct to Chinese consumers through online cross-border channels. 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 was awarded the Griffith University Arts, Education and Law Alumnus of the Year in 2013. Ms Rudd is a member of the Staff and Brand, Marketing & Sales Committee.
Mr Marc Jonathan Blazer Non-Executive Director Jul 2019
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. Mr Blazer is Chairman of the Brand, Marketing & Sales Committee.
Mr Bruce Bennett General CounselCompany Secretary Nov 2006
-
Andrew O'Brien Chief Commercial Officer
-
Nigel Simonsz Chief Financial Officer
-
Rose Scott Chief Marketing Officer
-
Anna Speer Chief Operating Officer - Pastoral
-
David Harris Chief Operating Officer - Supply Chain
-
Bruce Bennett General CounselCompany Secretary
-

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Citicorp Nominees Pty Limited 176,481,025 29.28%
BNP Paribas Nominees Pty Ltd Six Sis Ltd <Drp A/C> 156,840,020 26.02%
HSBC Custody Nominees (Australia) Limited 64,160,534 10.64%
J P Morgan Nominees Australia Pty Limited 29,582,074 4.91%
Bell Potter Nominees Ltd <Bb Nominees A/C> 14,279,048 2.37%
BBRC International Pte Ltd <The Bb Fam International A/C> 13,697,000 2.27%
Medich Capital Pty Ltd <Roy Medich Investment A/C> 11,253,416 1.87%
BNP Paribas Noms Pty Ltd <Drp> 6,369,326 1.06%
AACO Nominees Pty Limited <Aaco Ltip A/C> 6,148,232 1.02%
BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 5,060,347 0.84%
Custodial Services Limited <Beneficiaries Holding A/C> 4,047,596 0.67%
HSBC Custody Nominees (Australia) Limited i 3,833,117 0.64%
Quality Life Pty Ltd <The Neill Family A/C> 3,175,000 0.53%
Mr John Qiane He 1,422,113 0.24%
Neasham Holdings Pty Ltd <The Neasham A/C> 1,220,735 0.20%
Mr Barry Martin Lambert 1,177,660 0.20%
Tasman Super Pty Limited <Robinson Family S/F A/C> 1,155,960 0.19%
National Nominees Limited 1,126,163 0.19%
Neweconomy Com Au Nominees Pty Limited <900 Account> 1,066,627 0.18%
Tiger Investment Corporation Pty Ltd <Kennedy Super Fund A/C> 965,000 0.16%

Profile

since

Note