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State Street Corporation Ceases Substantial Holding in Nine Entertainment

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State Street Corporation Ceases Substantial Holding in Nine Entertainment

Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) has provided an announcement.

Nine Entertainment Co. Holdings Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of April 9, 2025. This change in substantial holding may impact the company’s shareholder structure and influence within the market, potentially affecting its strategic decisions and stakeholder interests.

More about Nine Entertainment Co. Holdings Limited

Nine Entertainment Co. Holdings Limited operates in the media industry, providing a range of entertainment services, including television broadcasting, digital media, and publishing. The company is a prominent player in the Australian market, known for its diverse media offerings and significant audience reach.

YTD Price Performance: 15.29%

Average Trading Volume: 6,274,884

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.08B

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

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