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Yarra Capital Management Acquires Significant Stake in Tabcorp Holdings

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Yarra Capital Management Acquires Significant Stake in Tabcorp Holdings

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Tabcorp Holdings Limited ( (AU:TAH) ) just unveiled an announcement.

Yarra Capital Management Limited and its associated entities have become substantial holders in Tabcorp Holdings Limited, acquiring a 5.13% voting power through ordinary fully paid shares. This acquisition signifies a notable investment in Tabcorp, potentially impacting its market position and stakeholder dynamics as Yarra Capital Management strengthens its influence within the company.

The most recent analyst rating on (AU:TAH) stock is a Buy with a A$1.12 price target. To see the full list of analyst forecasts on Tabcorp Holdings Limited stock, see the AU:TAH Stock Forecast page.

More about Tabcorp Holdings Limited

Tabcorp Holdings Limited operates in the gambling and entertainment industry, providing a range of wagering, gaming, and media services. The company is a prominent player in the Australian market, focusing on delivering innovative and engaging experiences to its customers.

YTD Price Performance: 91.82%

Average Trading Volume: 7,716,438

Technical Sentiment Signal: Buy

Current Market Cap: A$2.42B

See more insights into TAH stock on TipRanks’ Stock Analysis page.

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