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Premier Investments Completes Myer Shares Distribution

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Premier Investments Completes Myer Shares Distribution

Confident Investing Starts Here:

The latest update is out from Premier Investments Limited ( (AU:PMV) ).

Premier Investments Limited has successfully completed the In-Specie Distribution of Myer shares to its eligible shareholders. This strategic move aligns with Premier’s capital management strategy, involving a capital reduction and a distribution dividend, totaling a market value of $1.03 billion. Following this distribution, Premier no longer holds any interest in Myer shares, and the first day of normal trading of these shares on the ASX is expected on 7 February 2025.

More about Premier Investments Limited

YTD Price Performance: -0.90%

Average Trading Volume: 286,636

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$3.86B

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

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