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State Street Corporation Ceases Substantial Shareholding in Star Entertainment

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State Street Corporation Ceases Substantial Shareholding in Star Entertainment

Star Entertainment Group Limited ( (AU:SGR) ) just unveiled an update.

The Star Entertainment Group Limited announced that State Street Corporation and its subsidiaries have ceased to be substantial shareholders, effective February 26, 2025. This change aligns with the company’s constitutional and regulatory restrictions that prevent any individual from holding more than 10% voting power, ensuring compliance with agreements with Liquor and Gaming New South Wales and the Queensland Office of Liquor and Gaming Regulation.

More about Star Entertainment Group Limited

The Star Entertainment Group Limited operates in the entertainment and hospitality industry, primarily offering casino and gaming services. The company focuses on the Australian market, with significant operations in New South Wales and Queensland.

YTD Price Performance: -9.92%

Average Trading Volume: 192,304

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $195.7M

Find detailed analytics on SGR stock on TipRanks’ Stock Analysis page.

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