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Domain Holdings Announces Director’s Share Disposal Amid Acquisition Plans

Story Highlights
  • Domain Holdings operates in the real estate industry, offering property search services.
  • Director Gregory Ellis disposed of shares due to CoStar Group’s acquisition plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Domain Holdings Announces Director’s Share Disposal Amid Acquisition Plans

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Domain Holdings Australia Ltd. ( (AU:DHG) ) just unveiled an update.

Domain Holdings Australia Ltd. announced a change in the director’s interest, with Gregory Ellis disposing of 25,126 ordinary shares. This change is part of a scheme of arrangement related to the proposed acquisition of Domain Holdings by CoStar Group, Inc., which may impact the company’s operational dynamics and stakeholder interests.

The most recent analyst rating on (AU:DHG) stock is a Hold with a A$4.43 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 Ltd. operates in the real estate industry, providing property search and listing services. The company focuses on connecting property seekers with real estate agents and property developers across Australia.

Average Trading Volume: 650,337

Technical Sentiment Signal: Buy

Current Market Cap: A$2.8B

For an in-depth examination of DHG stock, go to TipRanks’ Overview page.

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