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Tabcorp Holdings Limited ( (AU:TAH) ) has provided an update.
Tabcorp Holdings Limited announced that Magellan Financial Group Limited has ceased to be a substantial shareholder as of March 14, 2025. This change is significant due to the strict regulatory framework governing shareholdings in Tabcorp, which limits any individual or entity from holding more than 10% of the company’s shares or voting power without government consent. This development may impact the company’s shareholder structure and compliance with existing regulations.
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 in a highly regulated market with specific restrictions on shareholdings and voting power to ensure compliance with legislative requirements.
YTD Price Performance: 16.47%
Average Trading Volume: 192
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $933.9M
For a thorough assessment of TAH stock, go to TipRanks’ Stock Analysis page.