Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.