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Southern Cross Media Sees Major Shareholder Shift
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Southern Cross Media Sees Major Shareholder Shift

Southern Cross Media Group Limited (AU:SXL) has released an update.

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Southern Cross Media Group Limited has experienced a significant change in shareholder interest, with 19 Cashews Pty Ltd altering its stake on May 20, 2024. The change, marked by a substantial holder notice, indicates an increase in voting power from 10.60% to 12.78%, following a market purchase by TIGA Trading Pty Ltd of over 5 million shares at a consideration of approximately $4.42 million.

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

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