Paladin Energy Ltd ( (AU:PDN) ) has provided an announcement.
Paladin Energy Ltd has announced a change in the interests of a substantial holder, Bank of America Corporation and its related entities, which now hold a 7.85% voting power in the company, up from 5.54%. This change reflects a significant increase in the voting shares held by Bank of America, indicating a stronger influence in the company’s decision-making process. The increase in voting power could have implications for Paladin Energy’s strategic direction and governance, potentially affecting its operations and stakeholder interests.
More about Paladin Energy Ltd
YTD Price Performance: -17.49%
Average Trading Volume: 178,795
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.63B
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