tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Southern Cross Media Group Updates Director’s Shareholding

Story Highlights
Southern Cross Media Group Updates Director’s Shareholding

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Southern Cross Media Group Limited ( (AU:SXL) ) is now available.

Southern Cross Media Group Limited announced a change in the director’s interest notice, specifically involving John Kelly. The change pertains to an off-market transfer of fully paid ordinary shares, previously held indirectly through Asgard Capital Management Ltd, now registered under Citicorp Nominees Pty Limited. This administrative update does not alter the total number of shares held by the director, maintaining the company’s stability in terms of shareholding structure.

The most recent analyst rating on (AU:SXL) stock is a Hold with a A$0.77 price target. To see the full list of analyst forecasts on Southern Cross Media Group Limited stock, see the AU:SXL Stock Forecast page.

More about Southern Cross Media Group Limited

Southern Cross Media Group Limited operates in the media industry, primarily focusing on radio broadcasting and associated media services. The company is known for its extensive network of radio stations across Australia, catering to a diverse audience with various content offerings.

Average Trading Volume: 283,249

Technical Sentiment Signal: Buy

Current Market Cap: A$191.9M

For a thorough assessment of SXL stock, go to 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
1