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Myer Holdings Limited ( (AU:MYR) ) just unveiled an update.
Myer Holdings Limited has undergone a change in its shareholder structure following a transaction with Premier Investments Limited. Premier executed an in-specie distribution of its Myer securities to its shareholders, resulting in the Lew Group’s direct interest in Myer shares shifting from 31.37% to 26.77%. This adjustment impacts the voting power dynamics within Myer, as the Lew Group members maintain a combined voting power due to their association with each other in Myer’s affairs.
More about Myer Holdings Limited
YTD Price Performance: -25.36%
Average Trading Volume: 2,573
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €911.2M
For an in-depth examination of MYR stock, go to TipRanks’ Stock Analysis page.