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National Tyre & Wheel Ltd. Announces Change in Substantial Shareholding

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National Tyre & Wheel Ltd. Announces Change in Substantial Shareholding

National Tyre & Wheel Ltd. ( (AU:NTD) ) has provided an announcement.

National Tyre & Wheel Ltd. has announced a change in the interests of a substantial holder, Ryan Young, in the company’s voting securities. The change involves an increase in voting power from 16.1% to 17.1%, achieved through on-market purchases of ordinary shares. This adjustment in shareholding could influence the company’s decision-making processes and potentially impact its strategic direction, reflecting a strengthened position for Ryan Young within the company.

More about National Tyre & Wheel Ltd.

YTD Price Performance: -3.85%

Average Trading Volume: 227,687

Technical Sentiment Signal: Buy

Current Market Cap: A$34.38M

See more insights into NTD stock on TipRanks’ Stock Analysis page.

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