GrainCorp

GrainCorp (GNC)

Stock Code

GNC

Stock Exchange

ax

GrainCorp (GNC) is a diversified agribusiness enterprise providing services mainly to the grain industry. Its key business activities incorporate the storage, handling and collecting of grain and other bulk commodities. The Company is providing these services through its in excess of 250 grain accumulation sites for growers in Queensland, NSW and Victoria. GNC markets grain, meals and other bulk commodities and operates grain pools. Its other services comprise road and rail transport services for bulk commodities and provision of farm input products and financial services.

Graincorp Capital Raising Shortfall


GrainCorp (ASX:GNC) has seen a shortfall in its capital raising.

  • $28 million shortfall in retail component of capital raising.
  • Shortfall forces underwriter Credit Suisse to place the stock with institutional investors.
  • $159 million capital raising with 46 percent of the 5.6 million shares on offer going to retail investors.
  • Retail issue was priced at $8.80 per share.

GrainCorp Profits Soar


With the end of drought and the huge eastern harvest, GrainCorp (GNC) profits take off. After an $88 million tax, strong profits were up to $35 million. Country receivals were up to 14.4 million metric tonnes, and revenue up to $430 million from last year.

Shareholders will receive 15 cents per share, including a 5 cent dividend.

Graincorp Dividends

1 September, 2010 - 13:39

Learn the dividend history for GRAINCORP LIMITED. Dividends are payments made by a public company to its shareholders. It is a portion of corporate profits paid out to stockholders. You are eligible to receive GNC dividends if you own the GRAINCORP LIMITED shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the GNC dividend if you buy the stocks on or after the ex dividend date.

GrainCorp to Go for UMH Buy


GrainCorp (GNC), a company that mainly focuses on services related to the grain industry is planning to purchase the fourth biggest commercial malt producer of the world- United Malt Holdings for $757 million. According to the company authority, the “big buy” will help GrainCorp to become a global business organisation with operations in Australia, US, Canada and UK.

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