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Tabcorp Holdings Limited ( (AU:TAH) ) has shared an update.
Tabcorp has disclosed that Macquarie Group Limited has become a substantial shareholder, acquiring a 5.01% stake in the company, equivalent to 114,646,686 fully paid ordinary shares. The company highlighted that its constitution, together with applicable NSW legislation, restricts any single shareholder from having voting power or share ownership above 10% without ministerial consent and legislative changes, and it retains the right to refuse or require divestment of share transfers that would breach these limits, underscoring the tightly controlled ownership structure that shapes governance and strategic influence in the business.
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 an Australian gambling and entertainment group operating wagering, betting and gaming services, with a primary focus on totalisator and wagering operations under long-term licences such as the NSW Wagering Licence held by subsidiary TAB Limited. The company operates within a heavily regulated industry framework, where ownership and voting interests are subject to specific legislative and constitutional constraints, particularly in New South Wales.
YTD Price Performance: 81.82%
Average Trading Volume: 8,161,730
Technical Sentiment Signal: Buy
Current Market Cap: A$2.29B
Find detailed analytics on TAH stock on TipRanks’ Stock Analysis page.