CBA Becomes Major Shareholder in Autosports Group
Company Announcements

CBA Becomes Major Shareholder in Autosports Group

Autosports Group Ltd (AU:ASG) has released an update.

Commonwealth Bank of Australia (CBA) has emerged as a substantial holder in Autosports Group Limited, with a total voting power of 5.57% through 11,190,091 fully paid ordinary shares. This position grants CBA a relevant interest as defined by the Corporations Act 2001 due to its voting power in Avanteos Investments Limited and Colonial First State Investments Limited, which exceeds 20%. The detailed interests and nature of the relevant interests held by CBA and its related entities are outlined as per the statutory requirements.

For further insights into AU:ASG stock, check out TipRanks’ Stock Analysis page.

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