Nov 24 (Reuters) - Australia's biggest department store chain, Myer Holdings Ltd (MYR), said on Friday challenging conditions would continue into the second quarter, as it prepared for a crucial vote on the shape of its new board at its annual general meeting.
Chairman Paul McClintock asked shareholders to respect the outcome of the vote, held amid a revolt from major shareholder Solomon Lew.
The billionaire investor has demanded a greater say on the board of the 117-year-old retailer since it posted its worst profit as a listed company in September.
News: MYR Australia's Myer says tough conditions to continue
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Last
60.3¢ |
Change
-0.003(0.41%) |
Mkt cap ! $1.045B | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 59.5¢ | $600.3K | 997.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 47 | 174201 | 60.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 110569 | 17 |
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| Last trade - 10.41am 25/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |