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Domain Holdings Director’s Share Disposal Amid Acquisition

Story Highlights
  • Domain Holdings operates in real estate, offering digital property advertising services.
  • Director Geoffrey Kleemann disposed of shares amid CoStar Group’s acquisition scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Domain Holdings Director’s Share Disposal Amid Acquisition

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

Domain Holdings Australia Limited announced a change in the director’s interest notice, involving the disposal of 85,044 ordinary shares by Director Geoffrey Kleemann. This change is part of a scheme of arrangement related to the proposed acquisition of Domain Holdings by CoStar Group, Inc. through its subsidiary, Andromeda Australia SubCo Pty Limited. The disposal of shares signifies a significant step in the acquisition process, potentially impacting the company’s market positioning 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 Limited operates in the real estate industry, providing digital property advertising services. The company focuses on connecting property seekers with agents and developers through its online platforms.

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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