State Street Ceases to Be Substantial Holder in Nine Entertainment

Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) just unveiled an announcement.

State Street Corporation, through several of its asset management and banking subsidiaries, has lodged a notice that it has ceased to be a substantial shareholder in Nine Entertainment Co. Holdings Limited as of 30 January 2026. The change reflects a reduction in State Street’s relevant voting interest in Nine below the substantial holding threshold, signaling a shift in the register away from this major institutional investor, which may modestly alter Nine’s shareholder base composition but does not in itself indicate any change to the media group’s operations or strategy.

The most recent analyst rating on (AU:NEC) stock is a Hold with a A$1.22 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.

More about Nine Entertainment Co. Holdings Limited

Nine Entertainment Co. Holdings Limited is a diversified Australian media company operating across free-to-air television, streaming, digital publishing and radio. It generates revenue primarily from advertising and content distribution, targeting mass-market audiences through news, entertainment, sport and lifestyle programming across its broadcast and digital platforms.

Average Trading Volume: 3,436,169

Technical Sentiment Signal: Buy

Current Market Cap: A$1.81B

See more insights into NEC stock on TipRanks’ Stock Analysis page.