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HTAL Announces Director’s Change in Shareholding Amid Takeover

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HTAL Announces Director’s Change in Shareholding Amid Takeover

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Hutchison Telecommunications (Australia) Limited ( (AU:HTA) ) just unveiled an update.

Hutchison Telecommunications (Australia) Limited announced a change in the director’s interest, with Steven Paul Allen ceasing to hold any ordinary shares after accepting an unconditional off-market takeover offer by Hutchison Telecommunications (Amsterdam) B.V. This development indicates a strategic move within the company, potentially affecting its operations and market positioning.

More about Hutchison Telecommunications (Australia) Limited

Hutchison Telecommunications (Australia) Limited (HTAL) operates in the telecommunications industry, providing a range of services primarily focused on mobile communications within Australia.

Average Trading Volume: 106,423

Technical Sentiment Signal: Hold

Current Market Cap: A$420.7M

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

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