Jackman makes hay

Jackman makes hay

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Malcolm Jackman.

Malcolm Jackman.

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ELDERS chief Malcolm Jackman is still taking full advantage of his salary sacrificing arrangement to buy stock on-market.

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IN BRIEF: ELDERS chief Malcolm Jackman is still taking full advantage of his salary sacrificing arrangement to buy stock on-market.

The Australian Financial Review reports that according to an ASX filing yesterday, Mr Jackman picked up a whole $416 worth of stock under the scheme.

That was 3087 shares at about 13.4c a share, which would've been worth more than $60,000 when he took over as CEO and the stock was trading at more than $20.

Also last week, Elders announced that CFO Mark Hosking was leaving.

Last year Jackman appointed Greenhill & Co to advise on the company's latest strategic change of direction.

The story Jackman makes hay first appeared on Farm Online.

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