Tabcorp Holdings Says Macquarie Group Ceases to be a Substantial Shareholder; Shares Fall 3%

MT Newswires Live
Yesterday

Tabcorp Holdings (ASX:TAH) received notice that Macquarie Group (ASX:MQG) and its affiliates are no longer substantial holders of the company from March 13, according to a Thursday filing with the Australian bourse.

Macquarie Group and its affiliates became a substantial holder of the company on March 11, with a 5.13% total voting power, an earlier filing showed.

Tabcorp's shares fell around 3% in recent Thursday trading, while Macquarie Group's shares dropped by 1%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10