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Tabcorp Holdings Limited ( (AU:TAH) ) just unveiled an announcement.
Tabcorp Holdings Limited announced a change in substantial holding, with State Street Corporation increasing its interest to 6.17% of Tabcorp’s ordinary shares. This development highlights the regulatory constraints on shareholding, as Tabcorp’s constitution and relevant legislation restrict any entity from holding more than 10% of shares without government approval, impacting potential future investments and shareholder dynamics.
The most recent analyst rating on (AU:TAH) stock is a Buy with a A$1.12 price target. To see the full list of analyst forecasts on Tabcorp Holdings Limited stock, see the AU:TAH Stock Forecast page.
More about Tabcorp Holdings Limited
Tabcorp Holdings Limited is a prominent company in the gambling and entertainment industry, primarily offering wagering, gaming, and keno services. It operates with a focus on the Australian market, adhering to various legislative and regulatory requirements.
YTD Price Performance: 94.55%
Average Trading Volume: 7,589,943
Technical Sentiment Signal: Buy
Current Market Cap: A$2.45B
Find detailed analytics on TAH stock on TipRanks’ Stock Analysis page.