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Mayne Pharma Group ( (AU:MYX) ) just unveiled an announcement.
UBS Group AG and its related bodies have reduced their voting power in Mayne Pharma Group Limited from 8.79% to 7.26%, reflecting a change in their substantial holding. This adjustment in UBS’s stake could influence the company’s shareholder dynamics and potentially impact its strategic decisions, as substantial holders often play a significant role in corporate governance.
The most recent analyst rating on (AU:MYX) stock is a Buy with a A$7.09 price target. To see the full list of analyst forecasts on Mayne Pharma Group stock, see the AU:MYX Stock Forecast page.
More about Mayne Pharma Group
Mayne Pharma Group Limited operates in the pharmaceutical industry, focusing on the development and manufacturing of branded and generic pharmaceutical products. The company is known for its commitment to providing quality medications and has a market presence in various regions, catering to diverse healthcare needs.
Average Trading Volume: 929,190
Technical Sentiment Signal: Buy
Current Market Cap: A$526.5M
For a thorough assessment of MYX stock, go to TipRanks’ Stock Analysis page.