Aussie Broadband Reduces Superloop Stake
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Aussie Broadband Reduces Superloop Stake

Superloop Ltd. (AU:SLC) has released an update.

Aussie Broadband Limited (ABB) has scaled back its stake in Superloop Limited (SLC) from 19.9% to 11.99%, following a dilution event and the sale of shares worth $49.28 million. The change in ABB’s position marks a significant decrease in its voting power in the telecommunications infrastructure company. No changes in association with the substantial holder were reported.

For further insights into AU:SLC stock, check out TipRanks’ Stock Analysis page.

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