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Bennelong Funds Management Sells Stake in Reject Shop

Story Highlights
  • Reject Shop Limited is a discount retail company targeting budget-conscious consumers.
  • Bennelong Funds Management sold 2,760,578 shares, ceasing to be a substantial holder.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest announcement is out from Reject Shop Limited ( (AU:TRS) ).

Bennelong Funds Management Group Pty Ltd has ceased to be a substantial holder of The Reject Shop Limited as of May 19, 2025. This change occurred following the sale of 2,760,578 ordinary shares on the market, impacting the voting power and potentially altering the shareholder composition of the company.

The most recent analyst rating on (AU:TRS) stock is a Hold with a A$3.70 price target. To see the full list of analyst forecasts on Reject Shop Limited stock, see the AU:TRS Stock Forecast page.

More about Reject Shop Limited

Reject Shop Limited operates in the retail industry, focusing on providing a range of discount variety merchandise. The company targets budget-conscious consumers, offering products such as homewares, clothing, and everyday essentials at competitive prices.

YTD Price Performance: 140.60%

Average Trading Volume: 190,630

Technical Sentiment Signal: Buy

Current Market Cap: A$246.2M

For detailed information about TRS stock, go to TipRanks’ Stock Analysis page.

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