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oOh! Media Investors Ramp Up Control
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oOh! Media Investors Ramp Up Control

oOh media Ltd (AU:OML) has released an update.

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In a notable shift in ownership, Kayne Anderson Rudnick Investment Management, LLC, and Virtus Investment Advisers, Inc., along with their associates, have increased their voting power in oOh! Media Limited from 6.87% to 8.31%. The rise in influence is due to the acquisition of an additional 11,657,992 ordinary shares, bringing their total ownership to 44,760,140 shares. This strategic move, executed on September 30, 2024, highlights a significant change in the company’s substantial holding.

For further insights into AU:OML stock, check out TipRanks’ Stock Analysis page.

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