Regis Healthcare Ltd. (AU:REG) has released an update.
Regis Healthcare Limited has experienced a significant change in ownership, as Bank of America Corporation and its related entities reported a decrease in their voting power from 7.69% to 6.54%. This shift occurred after Merrill Lynch Equities (Australia) Limited, part of Bank of America, entered into a Block Trade Agreement, acquiring a relevant interest in 17.5 million ordinary shares of Regis Healthcare. These changes in the substantial holding were reported as required by the Corporations Act 2001.
For further insights into AU:REG stock, check out TipRanks’ Stock Analysis page.