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Ashburn Pty Ltd Reduces Stake in Regis Healthcare

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An update from Regis Healthcare Ltd. ( (AU:REG) ) is now available.

Ashburn Pty Ltd, acting as trustee for the Dorman Family Trust, has reduced its stake in Regis Healthcare Ltd. by selling 15 million fully paid ordinary shares, decreasing its voting power from 21.40% to 16.40%. This change in shareholding could impact the company’s shareholder dynamics and influence future decision-making processes.

The most recent analyst rating on (AU:REG) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Regis Healthcare Ltd. stock, see the AU:REG Stock Forecast page.

More about Regis Healthcare Ltd.

Regis Healthcare Ltd. operates within the healthcare industry, primarily focusing on providing aged care services. The company is known for its residential care facilities and services tailored to the needs of the elderly population.

Average Trading Volume: 756,601

Technical Sentiment Signal: Buy

Current Market Cap: A$2.24B

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

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