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oOh media Ltd ( (AU:OML) ) has provided an update.
Kayne Anderson Rudnick Investment Management, LLC, and Virtus Investment Advisers, LLC, collectively known as the Virtus Group, have increased their stake in oOh! Media Limited to 9.42987%, up from 8.30766%. This change in voting power, effective from February 19, 2025, reflects a significant increase in their influence over the company’s decision-making process, indicating a strategic move to strengthen their position within the company.
More about oOh media Ltd
oOh! Media Limited operates in the out-of-home media sector, providing advertising services through a variety of platforms including billboards, transit, retail, and experiential marketing. The company focuses on delivering impactful advertising solutions across Australia and New Zealand.
YTD Price Performance: 9.75%
Average Trading Volume: 968,895
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$686.9M
For an in-depth examination of OML stock, go to TipRanks’ Stock Analysis page.
