An announcement from Star Entertainment Group Limited ( (AU:SGR) ) is now available.
The Star Entertainment Group Limited announced a change in its substantial shareholding, with State Street Corporation and its subsidiaries reducing their stake from 177,173,859 to 147,973,815 ordinary shares, representing 5.16% of the company’s voting power. This adjustment in shareholding aligns with the company’s constitutional and regulatory agreements, which restrict any individual from holding more than 10% voting power, ensuring compliance with shareholding limitations.
More about Star Entertainment Group Limited
The Star Entertainment Group Limited operates in the entertainment and hospitality industry, primarily focusing on casino and gaming services. The company is involved in managing and operating integrated resorts and casinos in Australia, with a market focus on providing leisure and entertainment experiences.
YTD Price Performance: -9.17%
Average Trading Volume: 173,873
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $245.3M
For an in-depth examination of SGR stock, go to TipRanks’ Stock Analysis page.