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Allan Gray Australia Reduces Stake in Service Stream Limited

Story Highlights
  • Allan Gray Australia’s voting power in Service Stream Limited decreased from 6.83% to 5.59%.
  • This change may affect Allan Gray Australia’s influence and stakeholder perceptions of Service Stream Limited.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Allan Gray Australia Reduces Stake in Service Stream Limited

Service Stream Limited ( (AU:SSM) ) has issued an announcement.

Service Stream Limited has announced a change in the substantial holding of its shares by Allan Gray Australia Pty Ltd. The investment manager’s voting power in Service Stream Limited has decreased from 6.83% to 5.59% as of April 1, 2025. This reduction in voting power could impact the influence Allan Gray Australia has over the company’s decisions and may affect stakeholder perceptions regarding the company’s market stability and investor confidence.

More about Service Stream Limited

YTD Price Performance: 1.55%

Average Trading Volume: 4

Technical Sentiment Signal: Strong Sell

Current Market Cap: €625.1M

For a thorough assessment of SSM stock, go to TipRanks’ Stock Analysis page.

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