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Australian Ethical Investment Increases Stake in Siteminder

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Australian Ethical Investment Increases Stake in Siteminder

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Australian Ethical Investment Ltd ( (AU:AEF) ) has issued an update.

Australian Ethical Investment Ltd has increased its stake in Siteminder Limited, as indicated by a recent change in the interests of a substantial shareholder. The company’s voting power in Siteminder has risen from 5.04% to 6.31%, reflecting a strategic move that may enhance its influence and decision-making capacity within the company, potentially impacting Siteminder’s future direction and operations.

More about Australian Ethical Investment Ltd

Australian Ethical Investment Ltd operates within the ethical investment industry, focusing on providing investment solutions that align with ethical and sustainable principles. The company is known for its commitment to responsible investing, catering to clients who prioritize environmental, social, and governance (ESG) factors in their investment decisions.

YTD Price Performance: 6.41%

Average Trading Volume: 150,313

Technical Sentiment Signal: Buy

Current Market Cap: A$644.2M

For detailed information about AEF stock, go to TipRanks’ Stock Analysis page.

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