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Perpetual Limited Increases Stake in Nine Entertainment

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Perpetual Limited Increases Stake in Nine Entertainment

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Perpetual Limited ( (AU:PPT) ) has shared an announcement.

Perpetual Limited has increased its voting power in Nine Entertainment Company Holdings Limited from 8.825% to 10.006% as of May 21, 2025. This change in substantial holding indicates a strategic move by Perpetual Limited to strengthen its influence within Nine Entertainment, potentially impacting the company’s governance and strategic decisions.

The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.

More about Perpetual Limited

Perpetual Limited is a financial services company involved in investment management, financial advice, and trustee services. It operates in the financial sector, focusing on providing asset management and advisory services to a diverse range of clients.

Average Trading Volume: 509,712

Technical Sentiment Signal: Sell

Current Market Cap: A$2.05B

For an in-depth examination of PPT stock, go to TipRanks’ Stock Analysis page.

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