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National Australia Bank Limited ( (AU:NAB) ) has provided an announcement.
National Australia Bank Limited has announced a change in the aggregated percentage of voting shares controlled by its associated entities. The notice indicates a slight decrease in the percentage of voting shares from 0.0236% to 0.0208%. This change reflects the power of control over voting or disposal of shares by entities like JBWere Limited and the Bank of New Zealand, which act as investment managers for various client portfolios. The announcement is part of compliance with the Australian Securities and Investments Commission’s regulations and highlights the bank’s transparency in its shareholding structure.
The most recent analyst rating on (AU:NAB) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on National Australia Bank Limited stock, see the AU:NAB Stock Forecast page.
More about National Australia Bank Limited
National Australia Bank Limited is a major financial services organization in Australia, primarily offering banking and financial services. It focuses on providing comprehensive financial solutions to its clients, including personal banking, business banking, and wealth management services.
Average Trading Volume: 4,333,984
Technical Sentiment Signal: Buy
Current Market Cap: A$135.3B
Find detailed analytics on NAB stock on TipRanks’ Stock Analysis page.