Sims (AU:SGM) has released an update.
Allan Gray Australia and its related entities have increased their stake in Sims Limited, with their voting power rising from 17.49% to 18.65% as of July 23, 2024. This change represents a significant shift in the company’s substantial holdings, signaling a potential strategic move by the investment manager. The details of the transactions leading to this increase in ownership are documented in the company’s latest statutory filings.
For further insights into AU:SGM stock, check out TipRanks’ Stock Analysis page.
