Premier Investments Announces ATO Class Ruling on Myer Shares Distribution

Premier Investments Limited ( (AU:PMV) ) just unveiled an update.

Premier Investments Limited announced that the Australian Taxation Office has issued a Class Ruling regarding the in-specie distribution of Myer Holdings Limited shares to its shareholders. This ruling clarifies the tax implications for shareholders, including the treatment of dividend and capital components of the distribution, and advises shareholders to review the ruling for detailed tax advice.

More about Premier Investments Limited

Premier Investments Limited operates in the retail industry, focusing on investments in retail fashion brands and consumer products. The company is known for its strategic investments and market presence in Australia.

YTD Price Performance: -8.58%

Average Trading Volume: 317,007

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$3.56B

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