tiprankstipranks
Trending News
More News >

Australian Retirement Trust Acquires Significant Stake in Nine Entertainment

Story Highlights

An update from Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) is now available.

Australian Retirement Trust Pty Ltd has become a substantial holder in Nine Entertainment Co. Holdings Limited, acquiring a 5.014% voting power through 79,512,901 fully paid ordinary shares. This acquisition signifies a notable investment in the media company, potentially impacting its shareholder dynamics and market influence.

More about Nine Entertainment Co. Holdings Limited

Nine Entertainment Co. Holdings Limited is a prominent player in the media industry, primarily offering television broadcasting, digital media, and publishing services. The company focuses on delivering entertainment and news content across various platforms to a diverse audience.

Average Trading Volume: 8,126,716

Technical Sentiment Signal: Hold

Current Market Cap: A$2.34B

See more insights into NEC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App