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The latest announcement is out from Nine Entertainment Co. Holdings Limited ( (AU:NEC) ).
Nine Entertainment Co. Holdings Limited has experienced a change in the interests of a substantial holder, Macquarie Group Limited and its controlled entities. The voting power of Macquarie Group has increased from 10.86% to 11.87%, indicating a significant shift in their stake within the company. This change in voting power could potentially impact the company’s decision-making processes and influence its strategic direction, reflecting Macquarie’s growing influence in the media and entertainment sector.
More about Nine Entertainment Co. Holdings Limited
YTD Price Performance: 18.18%
Average Trading Volume: 7,301,641
Technical Sentiment Signal: Buy
Current Market Cap: A$2.27B
Learn more about NEC stock on TipRanks’ Stock Analysis page.