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State Street Becomes Substantial Shareholder in Star Entertainment

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State Street Becomes Substantial Shareholder in Star Entertainment

An update from Star Entertainment Group Limited ( (AU:SGR) ) is now available.

The Star Entertainment Group Limited has announced that State Street Corporation and its subsidiaries have become substantial shareholders, holding 5.03% of the company’s voting power. This development is significant as the company’s constitution and agreements with regulatory bodies restrict any individual from holding more than 10% voting power, ensuring compliance with shareholding regulations.

More about Star Entertainment Group Limited

The Star Entertainment Group Limited operates in the entertainment and hospitality industry, focusing on casino and resort management. It offers gaming, entertainment, and hospitality services primarily in Australia, with a market focus on providing premium leisure experiences.

YTD Price Performance: -9.17%

Average Trading Volume: 192,304

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $196.3M

Learn more about SGR stock on TipRanks’ Stock Analysis page.

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