Regis Healthcare Shareholder Sells Off Big Stake
Company Announcements

Regis Healthcare Shareholder Sells Off Big Stake

Regis Healthcare Ltd. (AU:REG) has released an update.

Regis Healthcare Limited has experienced a notable change in shareholding structure, with Ashburn Pty Ltd, the trustee of the Dorman Family Trust, reducing its stake in the company. On May 30, 2024, the trust sold 17,500,000 fully paid ordinary shares for a total of $68,250,000, thus decreasing its voting power from 27.3% to 21.40%. This significant transaction reflects a change in the trust’s investment strategy and potentially impacts the company’s shareholder dynamics.

For further insights into AU:REG stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App