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Challenger Ceases to Be Substantial Holder in Telix Pharmaceuticals

Story Highlights
  • Challenger Limited has notified the ASX it is no longer a substantial holder in Telix Pharmaceuticals.
  • The reduced stake alters Telix’s shareholder base, though Challenger disclosed no transaction details.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Challenger Ceases to Be Substantial Holder in Telix Pharmaceuticals

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The latest update is out from Telix Pharmaceuticals ( (AU:TLX) ).

Challenger Limited has filed a notice with the ASX confirming that it and its associated entities have ceased to be a substantial holder in Telix Pharmaceuticals Ltd, meaning their voting power has fallen below the substantial holding threshold. The change, formalised in a statutory Form 605 lodged on 23 January 2026, signals a reduction in Challenger’s equity exposure to Telix and may slightly alter Telix’s shareholder base composition, though no additional details on the nature or consideration of the transactions were disclosed.

The most recent analyst rating on (AU:TLX) stock is a Hold with a A$11.00 price target. To see the full list of analyst forecasts on Telix Pharmaceuticals stock, see the AU:TLX Stock Forecast page.

More about Telix Pharmaceuticals

Challenger Limited is an Australian-based financial services group that operates through multiple licensed entities, with a focus on retirement and investment products, life insurance, investment management, mortgage management, and securitisation services across major Australian capital cities.

Average Trading Volume: 1,907,280

Technical Sentiment Signal: Sell

Current Market Cap: A$3.89B

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

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