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Entain Announces Share Rebalancing by Eminence Capital

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Entain Announces Share Rebalancing by Eminence Capital

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Entain plc ( (GB:ENT) ) has issued an update.

Entain plc announced a portfolio rebalancing transaction involving the sale and purchase of 803,208 ordinary shares by Eminence Capital, LP, a person closely associated with a non-executive director of Entain. The transaction, which did not alter the aggregate holdings of Eminence Capital, was conducted as a simultaneous cross transaction between its funds and accounts, reflecting compliance with regulatory requirements.

More about Entain plc

Entain plc is a leading global sports betting and gaming group, operating both online and in retail. The company owns a diverse portfolio of established brands in sports and gaming, including BetCity, bwin, Coral, and Ladbrokes, among others. Entain also has a joint venture, BetMGM, in the US market and operates in over 30 territories, focusing on regulated markets. It is recognized for its ESG leadership and is a member of FTSE4Good and DJSI.

YTD Price Performance: -14.52%

Average Trading Volume: 2,158,137

Technical Sentiment Signal: Strong Buy

Current Market Cap: £3.67B

Find detailed analytics on ENT stock on TipRanks’ Stock Analysis page.

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