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ACC Increases Stake in KMD Brands to 7.79%

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ACC Increases Stake in KMD Brands to 7.79%

An announcement from KMD Brands Limited ( (AU:KMD) ) is now available.

KMD Brands Limited has experienced a significant change in its substantial holdings, with the Accident Compensation Corporation (ACC) increasing its stake in the company. ACC’s holding in KMD Brands rose from 6.504% to 7.790% through a series of on-market transactions between October 2024 and February 2025. This increase in holdings, involving purchases of both NZX and ASX listed shares, reflects ACC’s growing interest and investment in KMD Brands, potentially impacting the company’s market perception and stakeholder confidence.

More about KMD Brands Limited

YTD Price Performance: -7.69%

Average Trading Volume: 182,179

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$244.1M

See more insights into KMD stock on TipRanks’ Stock Analysis page.

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