Oct 29 (Reuters) - Myer Holdings Ltd (MYR) said on Thursday its Chairman Garry Hounsell will retire after failing to get the support of the Australian department store operator's two biggest shareholders.
"It has become apparent that Myer's two largest shareholders are not supporting my re-election and I will not allow my ongoing tenure as Chairman to be a distraction to the hard work of the executive team," Hounsell said in a statement ahead of Myer's annual general meeting to be held later in the day.
News: MYR Australia's Myer says chairman to retire after failing to get top shareholders' support
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Last
60.0¢ |
Change
-0.005(0.83%) |
Mkt cap ! $1.041B | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 59.5¢ | $910.4K | 1.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 269041 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 114329 | 14 |
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| Last trade - 10.54am 25/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |