ACC Reduces Stake in Tourism Holdings Limited

An announcement from Tourism Holdings Limited ( (AU:THL) ) is now available.

The Accident Compensation Corporation (ACC) has disclosed a significant movement in its substantial holding in Tourism Holdings Limited, reducing its stake from 9.949% to 7.930%. This change results from a series of transactions, including a major sale agreement with 5382917 Limited, indicating a strategic shift in ACC’s investment approach. The implications of this move could affect Tourism Holdings’ market perception and shareholder dynamics, as ACC remains a key stakeholder.

The most recent analyst rating on (AU:THL) stock is a Hold with a A$2.02 price target. To see the full list of analyst forecasts on Tourism Holdings Limited stock, see the AU:THL Stock Forecast page.

More about Tourism Holdings Limited

Tourism Holdings Limited operates in the tourism industry, primarily focusing on providing rental and sales services for recreational vehicles. The company is known for its campervan and motorhome offerings, catering to both domestic and international travelers.

Average Trading Volume: 35,190

Technical Sentiment Signal: Sell

Current Market Cap: A$299.6M

For detailed information about THL stock, go to TipRanks’ Stock Analysis page.