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Myer Holdings Limited ( (AU:MYR) ) has issued an update.
Myer Holdings Limited has announced a change in the director’s interest, specifically for Jacquie Naylor. The change involves the acquisition of a significant number of shares, both directly and indirectly, due to an in specie distribution related to Myer’s acquisition of Just Group from Premier Investments. This adjustment in director’s interests reflects a strategic move following the recent corporate acquisition, potentially impacting Myer’s shareholder dynamics and market positioning.
More about Myer Holdings Limited
Myer Holdings Limited is a prominent company in the retail industry, primarily offering a wide range of products including fashion, beauty, and homewares. The company is focused on serving the Australian market with a strong emphasis on providing quality merchandise and a positive shopping experience for customers.
YTD Price Performance: -25.36%
Average Trading Volume: 2,573
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €911.2M
For a thorough assessment of MYR stock, go to TipRanks’ Stock Analysis page.
