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Accent Group’s Voting Power Shift with Frasers Group

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Accent Group’s Voting Power Shift with Frasers Group

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Accent Group Ltd ( (AU:AX1) ) has shared an update.

Accent Group Limited has experienced a significant change in its voting power due to an increase in shares held by Frasers Group plc. This change, resulting from a share issue and on-market purchases, has increased Frasers’ voting power in Accent from 14.57% to 19.90%, potentially impacting the company’s governance and stakeholder dynamics.

The most recent analyst rating on (AU:AX1) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Accent Group Ltd stock, see the AU:AX1 Stock Forecast page.

More about Accent Group Ltd

Average Trading Volume: 1,389,607

Technical Sentiment Signal: Hold

Current Market Cap: A$1.1B

Find detailed analytics on AX1 stock on TipRanks’ Stock Analysis page.

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