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ABACUS STORAGE KING ( (AU:ASK) ) has issued an announcement.
Abacus Storage King announced that Public Storage and its controlled entities have ceased to be substantial holders in the company as of August 26, 2025. This change follows the termination of a Joint Acquisition Deed between Public Storage’s subsidiary, PS Apollo, LLC, and Ki Corporation Limited, which involved a significant number of stapled securities. The termination of this agreement indicates a shift in the company’s ownership structure, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:ASK) stock is a Hold with a A$1.73 price target. To see the full list of analyst forecasts on ABACUS STORAGE KING stock, see the AU:ASK Stock Forecast page.
More about ABACUS STORAGE KING
Abacus Storage King operates in the storage industry, providing storage solutions through its entities, Abacus Storage Operations Limited and Abacus Storage Property Trust. The company is listed on the Australian Securities Exchange under the ticker ASK.
Average Trading Volume: 1,282,910
Technical Sentiment Signal: Buy
Current Market Cap: A$1.91B
See more insights into ASK stock on TipRanks’ Stock Analysis page.