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Perpetual Limited Increases Stake in Nine Entertainment Co.

Story Highlights

An update from Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) is now available.

Perpetual Limited has increased its voting power in Nine Entertainment Co. Holdings Limited from 7.568% to 8.825%, reflecting a notable change in its substantial holding. This adjustment in shareholding could influence the company’s strategic decisions and potentially impact its market positioning, given Perpetual Limited’s significant stake.

More about Nine Entertainment Co. Holdings Limited

Nine Entertainment Co. Holdings Limited is a prominent player in the media industry, primarily focusing on television broadcasting, digital media, and content production. The company operates in the Australian market, delivering a wide range of entertainment and news services to its audience.

YTD Price Performance: 11.75%

Average Trading Volume: 6,476,464

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.14B

Find detailed analytics on NEC stock on TipRanks’ Stock Analysis page.

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