Regis Healthcare Ltd. (AU:REG) has released an update.
Bank of America Corporation has become a substantial holder in Regis Healthcare Limited, acquiring a 7.69% stake as of May 27, 2024. The stake was obtained through various entities associated with Bank of America, including Merrill Lynch Equities (Australia) Limited which alone secured a 17.5 million share interest via a block trade agreement. This strategic move positions Bank of America as a key investor with significant influence in the governance of Regis Healthcare.
For further insights into AU:REG stock, check out TipRanks’ Stock Analysis page.
