tiprankstipranks
Trending News
More News >

Bank of America Acquires Stake in Regis Healthcare

Bank of America Acquires Stake in Regis Healthcare

Regis Healthcare Ltd. (AU:REG) has released an update.

Confident Investing Starts Here:

Bank of America Corporation has become a substantial holder in Regis Healthcare Limited, acquiring a 7.69% stake as of May 27, 2024. The stake was obtained through various entities associated with Bank of America, including Merrill Lynch Equities (Australia) Limited which alone secured a 17.5 million share interest via a block trade agreement. This strategic move positions Bank of America as a key investor with significant influence in the governance of Regis Healthcare.

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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
1