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Qantas foreign share holding falls from 50 to 44 per cent
POSTED: 8:55 a.m. EDT, July 7,2007
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The foreign shareholding level in Qantas is 44.5 per cent, a fall from little more than a month ago when it stood at just below 50 per cent according to the most recent reconciliation of the company's share register.
"Foreign shareholding is trending down and we are confident that our share register is in compliance with the Qantas Sale Act," said Qantas CEO Geoff Dixon.
Mr Dixon said the reconciliation was undertaken by Qantas' share registry, Link Market Services. He added that the previous Link Market Services count was released on May 30.
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