Capital Group Ups Stake in Megaport Ltd.
Company Announcements

Capital Group Ups Stake in Megaport Ltd.

Megaport Ltd. (AU:MP1) has released an update.

The Capital Group Companies, Inc. (CGC) has reported an increased stake in Megaport Ltd., now holding a total voting power of 7.92% with 12,640,254 common shares, up from their previous stake of 5.18%. This substantial change in shareholding reflects a strategic shift in CGC’s investment portfolio, as indicated by the notice of change in interests filed on August 23, 2024.

For further insights into AU:MP1 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskMegaport Updates Shareholding Details After Report Error
TipRanks Australian Auto-Generated NewsdeskMegaport Ltd. Announces 2024 Annual General Meeting
TipRanks Australian Auto-Generated NewsdeskMegaport Ltd.: Substantial Holder Voting Power Shift
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App