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Macquarie Group Reduces Stake in Nine Entertainment Co.

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Macquarie Group Reduces Stake in Nine Entertainment Co.

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Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) has issued an announcement.

Nine Entertainment Co. Holdings Limited, a prominent player in the media and entertainment industry, has seen a change in the substantial holding interests of Macquarie Group Limited and its controlled entities. The change reflects a decrease in voting power from 11.87% to 7.69%, indicating a significant shift in shareholder influence. This adjustment in holdings could impact the company’s governance and strategic decisions, potentially affecting its market position and stakeholder interests.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.

More about Nine Entertainment Co. Holdings Limited

Average Trading Volume: 8,425,165

Technical Sentiment Signal: Buy

Current Market Cap: A$2.42B

See more data about NEC stock on TipRanks’ Stock Analysis page.

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