tiprankstipranks
Trending News
More News >

Accent Group Gains Substantial Holding Through Frasers Agreement

Story Highlights
Accent Group Gains Substantial Holding Through Frasers Agreement

Confident Investing Starts Here:

The latest update is out from Accent Group Ltd ( (AU:AX1) ).

Accent Group Limited, a company with a significant presence in its industry, has entered into a Subscription Agreement with Frasers Group plc, resulting in Accent becoming a substantial holder with a 14.57% voting power in its own shares. This agreement not only gives Accent control over a significant number of shares but also establishes an association between Accent and Frasers, potentially influencing the board composition of Accent.

More about Accent Group Ltd

YTD Price Performance: -21.76%

Average Trading Volume: 1,353,832

Technical Sentiment Signal: Hold

Current Market Cap: A$1.01B

See more insights into AX1 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1