TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Tower Limited ( (AU:TWR) ) has shared an announcement.
Tower Limited, a company listed on the New Zealand Stock Exchange, recently experienced a significant change in its substantial holdings. The Accident Compensation Corporation (ACC) disclosed a reduction in its holding of Tower Limited’s ordinary shares from 8.018% to 6.772%, following the sale of over 4 million shares. This movement indicates a strategic adjustment by ACC, which may impact Tower Limited’s market perception and shareholder dynamics.
More about Tower Limited
Average Trading Volume: 46,558
Technical Sentiment Signal: Buy
Current Market Cap: A$562.4M
See more insights into TWR stock on TipRanks’ Stock Analysis page.