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Beach Energy Sees Shift in Shareholder Structure with State Street’s Increased Stake

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Beach Energy Sees Shift in Shareholder Structure with State Street’s Increased Stake

Elevate Your Investing Strategy:

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

Beach Energy Limited has announced a significant change in its shareholder structure, with State Street Corporation and its subsidiaries becoming substantial holders. This development indicates a shift in the company’s ownership dynamics, potentially impacting its strategic direction and stakeholder interests.

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: 7,121,471

Technical Sentiment Signal: Hold

Current Market Cap: A$3.11B

Find detailed analytics on BPT stock on TipRanks’ Stock Analysis page.

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