Regis Healthcare Ltd. (AU:REG) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Regis Healthcare Limited has experienced a notable change in shareholding structure, with Ashburn Pty Ltd, the trustee of the Dorman Family Trust, reducing its stake in the company. On May 30, 2024, the trust sold 17,500,000 fully paid ordinary shares for a total of $68,250,000, thus decreasing its voting power from 27.3% to 21.40%. This significant transaction reflects a change in the trust’s investment strategy and potentially impacts the company’s shareholder dynamics.
For further insights into AU:REG stock, check out TipRanks’ Stock Analysis page.