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ACC Increases Stake in Tower Limited

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An update from Tower Limited ( (AU:TWR) ) is now available.

Tower Limited, a company listed on the New Zealand Stock Exchange, has experienced a significant change in its substantial holdings. The Accident Compensation Corporation (ACC) has increased its stake in Tower Limited from 7.921% to 9.065% through a series of on-market transactions, purchasing 5,845,664 shares and selling 4,850,194 shares. This change reflects ACC’s strategic investment decisions and may impact Tower Limited’s market dynamics and shareholder composition.

More about Tower Limited

YTD Price Performance: 15.38%

Average Trading Volume: 38,734

Technical Sentiment Signal: Sell

Current Market Cap: A$462.1M

For an in-depth examination of TWR stock, go to TipRanks’ Stock Analysis page.

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