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Tabcorp Holdings Limited ( (AU:TAH) ) has issued an update.
Macquarie Group Limited and its controlled entities have lodged a notice that they have ceased to be a substantial holder in Tabcorp Holdings Limited, in accordance with Australian Corporations Act disclosure requirements. The change in Macquarie’s relevant interest in Tabcorp voting securities, including associated entities and legal arrangements, signals an adjustment in the company’s institutional shareholder base, which could modestly affect Tabcorp’s ownership structure and may be of interest to investors monitoring shifts in major holdings and governance influence.
The most recent analyst rating on (AU:TAH) stock is a Buy with a A$1.12 price target. To see the full list of analyst forecasts on Tabcorp Holdings Limited stock, see the AU:TAH Stock Forecast page.
More about Tabcorp Holdings Limited
Tabcorp Holdings Limited is a major Australian gambling and entertainment group, operating wagering, media and gaming services with a focus on lotteries, sports betting and related gaming products across the Australian market.
YTD Price Performance: 78.18%
Average Trading Volume: 8,251,044
Technical Sentiment Signal: Buy
Current Market Cap: A$2.24B
See more insights into TAH stock on TipRanks’ Stock Analysis page.