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Australian Retirement Trust Acquires Significant Stake in Aurizon Holdings

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Australian Retirement Trust Acquires Significant Stake in Aurizon Holdings

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Aurizon Holdings ( (AU:AZJ) ) has provided an update.

Australian Retirement Trust Pty Ltd has become a substantial holder in Aurizon Holdings Limited, acquiring a 5% voting power through fully paid ordinary shares. This development signifies a notable investment in Aurizon Holdings, potentially impacting the company’s shareholder structure and influencing its strategic decisions.

The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.55 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.

More about Aurizon Holdings

Aurizon Holdings Limited operates in the rail freight industry, providing transportation services across Australia. The company focuses on the movement of commodities such as coal, iron ore, and other bulk materials, playing a crucial role in the supply chain for these industries.

YTD Price Performance: -3.10%

Average Trading Volume: 6,479,983

Technical Sentiment Signal: Sell

Current Market Cap: A$5.42B

Learn more about AZJ stock on TipRanks’ Stock Analysis page.

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