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FIL Limited Acquires 5.01% Stake in Nine Entertainment
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FIL Limited Acquires 5.01% Stake in Nine Entertainment

Nine Entertainment Co. Holdings Limited (AU:NEC) has released an update.

FIL Limited has emerged as a new substantial holder in Nine Entertainment Co. Holdings Limited, with a total voting power of 5.01% through ownership of 80,522,907 common shares. The investment firm reached this significant shareholding status on April 17, 2024, with a series of acquisitions leading up to this date, including a notable purchase of shares on April 3, 2024. The details of these transactions highlight the prices paid for the shares over several months, demonstrating FIL Limited’s strategic investment approach.

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

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