NATIONAL BANK
Aust, holding increases f*. Z Press Assn—Copyright) SYDNEY. The institutions were heavy buyers of National Bank of Australasia, Ltd, shares in the latest year to September 30. and were a mam force behind an increase from 83.6 per cent to 85.2 per cent in shareholdings with registered Australian addresses. Nearly all of the selling appears to have come from ■he United Kingdom, where shareholdings have dropped from 11.7 per cent to 10 per The bank's annual report shows that its 20 largest stockholders held 25.5 m stock units, or 36.9 per cent of the total capital, at the end of November. A year earlier, the figures were 19.2 m stock units, or 33.3 per cent. There was a ne-for-five premium issue in March. The A.M.P. Society increased its holding from 2m to 3m stock units which means that, apart from taking up the new issue, it bought in additional holding of more than 670,000 stock C.T.B. Nominees, Ltd. raised its holdings from Im to 2.3 m units, suggesting additional purchases of nearly 996.000 stock units.
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Bibliographic details
Press, Volume CXVI, Issue 34045, 8 January 1976, Page 11
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177NATIONAL BANK Press, Volume CXVI, Issue 34045, 8 January 1976, Page 11
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