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Perpetual Limited Increases Stake in Myer Holdings

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Myer Holdings Limited ( (AU:MYR) ) just unveiled an announcement.

Perpetual Limited and its related entities have increased their stake in Myer Holdings Limited, raising their voting power from 8.539% to 10.46%. This change in substantial holding, which occurred on January 29, 2025, reflects a significant adjustment in shareholder interests, potentially impacting the company’s governance and strategic direction.

More about Myer Holdings Limited

Myer Holdings Limited operates in the retail industry, focusing on department store services. It offers a wide range of products including fashion and apparel, homewares, beauty, and entertainment products, predominantly targeting the Australian market.

YTD Price Performance: -23.19%

Average Trading Volume: 2,573

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €944.3M

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

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