tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Star Entertainment Group Announces Change in Substantial Shareholding

Story Highlights
Star Entertainment Group Announces Change in Substantial Shareholding

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Star Entertainment Group Limited ( (AU:SGR) ) has shared an announcement.

The Star Entertainment Group Limited announced that Citigroup Global Markets Australia Pty Limited has ceased to be a substantial shareholder as of September 9, 2025. This change aligns with the company’s constitutional and regulatory requirements that restrict any individual or entity from holding more than a 10% voting power, ensuring compliance with agreements with Liquor and Gaming New South Wales and the Queensland Office of Liquor and Gaming Regulation.

The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.

More about Star Entertainment Group Limited

The Star Entertainment Group Limited operates in the entertainment and hospitality industry, focusing on casino and resort services. The company is known for its integrated resorts and gaming facilities, primarily targeting markets in Australia.

Average Trading Volume: 11,314,069

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$286.6M

Learn more about SGR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1