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TasFoods Faces Shareholder Shift as CVC Limited Reduces Stake

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TasFoods Faces Shareholder Shift as CVC Limited Reduces Stake

TasFoods Limited ( (AU:TFL) ) has provided an update.

TasFoods Limited has announced a significant on-market disposal of shares by CVC Limited, which holds a substantial stake in the company. This transaction involves the sale of 7,298,471 ordinary shares, reducing CVC Limited’s holding to 39,463,150 shares, representing a decrease in their ownership percentage. The disposal could impact TasFoods’ market dynamics and shareholder composition, potentially influencing investor sentiment and the company’s strategic direction.

More about TasFoods Limited

YTD Price Performance: -50.0%

Average Trading Volume: 682,502

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$4.37M

For a thorough assessment of TFL stock, go to TipRanks’ Stock Analysis page.

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