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Wellard chief executive Mauro Balzarini. Photo: Attila Csaszar

Wellard shareholders vent displeasure

Shareholders in agribusiness Wellard have strongly rejected four resolutions at the company's annual meeting, though their anger over the company's poor performance was not enough for the nominee of a dissident shareholder to get elected to the board.

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Wellard (WLD)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 31/10/19

1 year TSR5 year TSR
165thImdex42%22%
253rdWellard21%
426thSchaffer Corporation-5%25%
523rdCTI Logistics-19%-11%
527thMMA Offshore-20%-34%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/09/16
$0 Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

20th↑Imdex$243.8m
21st↑MMA Offshore$240.6m
22nd↓Wellard$235.3m
23rd↑CTI Logistics$213.0m
24th↑Schaffer Corporation$207.0m
197 listed industrial companies ranked by revenue.
Source: Morningstar

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