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Pinnacle Investment Reduces Stake in Domino’s Pizza Enterprises

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Pinnacle Investment Reduces Stake in Domino’s Pizza Enterprises

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Domino’s Pizza Enterprises Limited ( (AU:DMP) ) has issued an update.

Pinnacle Investment Management Group Limited has reduced its substantial holding in Domino’s Pizza Enterprises Ltd from 10.85% to 9.76% as of February 2025. This reduction in voting power may indicate a strategic shift for Pinnacle, potentially affecting its influence on Domino’s corporate decisions, and could have implications for the company’s future governance and strategy.

More about Domino’s Pizza Enterprises Limited

Domino’s Pizza Enterprises Limited operates in the food and beverage industry, primarily focusing on the production and delivery of pizzas. As a significant player in the fast-food sector, Domino’s has a strong market presence with operations spanning multiple regions, making it a well-known brand within the industry.

YTD Price Performance: 2.05%

Average Trading Volume: 624

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.95B

Find detailed analytics on DMP stock on TipRanks’ Stock Analysis page.

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