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Beach Energy Announces Change in Substantial Holding

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Beach Energy Announces Change in Substantial Holding

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Beach Energy ( (AU:BPT) ) has provided an update.

Beach Energy Ltd has announced a change in the substantial holding of its voting shares, reflecting a shift in the interests of major stakeholders. This change, involving entities such as First Sentier Investors and Citigroup Global Markets, indicates a realignment of voting power within the company, potentially impacting its strategic decisions and market positioning.

The most recent analyst rating on (AU:BPT) stock is a Hold with a A$1.25 price target. To see the full list of analyst forecasts on Beach Energy stock, see the AU:BPT Stock Forecast page.

More about Beach Energy

Average Trading Volume: 7,741,996

Technical Sentiment Signal: Sell

Current Market Cap: A$2.96B

See more insights into BPT stock on TipRanks’ Stock Analysis page.

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