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The latest update is out from Domain Holdings Australia Ltd. ( (AU:DHG) ).
Domain Holdings Australia Limited announced a proposed acquisition by CoStar Group, Inc. through a scheme of arrangement. As part of this process, Domain plans to pay a fully franked Special Dividend of 8.8 cents per share, contingent on the scheme’s effectiveness. The Domain Board recommends shareholders vote in favor of the scheme, citing it as being in their best interest, provided no superior proposal arises.
The most recent analyst rating on (AU:DHG) stock is a Sell with a A$2.80 price target. To see the full list of analyst forecasts on Domain Holdings Australia Ltd. stock, see the AU:DHG Stock Forecast page.
More about Domain Holdings Australia Ltd.
Domain Holdings Australia Limited operates in the real estate industry, providing digital property advertising and data services. The company focuses on offering platforms for property listings, real estate data, and related services to consumers and businesses in Australia.
Average Trading Volume: 634,022
Technical Sentiment Signal: Buy
Current Market Cap: A$2.79B
See more insights into DHG stock on TipRanks’ Stock Analysis page.
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