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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.