Premier Investments Limited (AU:PMV) has released an update.
Premier Investments Limited has increased its voting power in Myer Holdings Limited from 28.79% to 31.37%, following an on-market acquisition of 24,538,875 fully paid ordinary shares on April 18, 2024. This strategic move, involving an investment of $18,404,156.25, indicates a strengthening of Premier’s influence over the retailer, as detailed in their latest substantial holding notice.
For further insights into AU:PMV stock, check out TipRanks’ Stock Analysis page.
