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Director’s Share Disposal Amid Dollarama’s Acquisition of The Reject Shop

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Director’s Share Disposal Amid Dollarama’s Acquisition of The Reject Shop

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Reject Shop Limited ( (AU:TRS) ) just unveiled an announcement.

The Reject Shop Limited has announced a change in the director’s interest, as Steven Brian Fisher has disposed of his 144,039 ordinary shares in the company. This change is a result of the acquisition of The Reject Shop Limited by Dollarama International Inc. through a scheme of arrangement, indicating a significant shift in the company’s ownership structure.

The most recent analyst rating on (AU:TRS) stock is a Hold with a A$3.70 price target. To see the full list of analyst forecasts on Reject Shop Limited stock, see the AU:TRS Stock Forecast page.

More about Reject Shop Limited

The Reject Shop Limited operates in the retail industry, focusing on providing a variety of consumer goods at discounted prices. The company is known for its wide range of products including household items, apparel, and general merchandise, catering primarily to budget-conscious consumers.

Average Trading Volume: 106,667

Technical Sentiment Signal: Buy

Current Market Cap: A$249.6M

For a thorough assessment of TRS stock, go to TipRanks’ Stock Analysis page.

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