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BlackRock Group Ceases Substantial Holding in Technology One Limited

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BlackRock Group Ceases Substantial Holding in Technology One Limited

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Technology One Limited ( (AU:TNE) ) just unveiled an update.

Technology One Limited has announced that BlackRock Group, including BlackRock Inc. and its subsidiaries, has ceased to be a substantial holder in the company. This change in shareholding could impact the company’s market perception and stakeholder dynamics, as BlackRock’s divestment might influence investor confidence and market strategies.

The most recent analyst rating on (AU:TNE) stock is a Hold with a A$40.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.

More about Technology One Limited

YTD Price Performance: 22.69%

Average Trading Volume: 870,250

Technical Sentiment Signal: Buy

Current Market Cap: A$12.55B

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

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