Myer Holdings Limited (AU:MYR) has released an update.
Myer Holdings Limited has been impacted by shareholding changes as Premier Investments Limited, now with voting power over 20% of Myer, has influenced the share distribution. Despite the Lew Group not directly purchasing Myer shares, their substantial voting power in Premier automatically gives them a relevant interest in Myer securities. This change signifies a notable shift in the control dynamics within Myer’s shareholder structure.
For further insights into AU:MYR stock, check out TipRanks’ Stock Analysis page.
