tiprankstipranks
Trending News
More News >

CBA Adjusts Stake in PEXA Group Limited

Story Highlights
CBA Adjusts Stake in PEXA Group Limited

PEXA Group Limited ( (AU:PXA) ) has issued an announcement.

The Commonwealth Bank of Australia (CBA) has reported a change in its substantial holding in PEXA Group Limited, with a slight decrease in its voting power from 26.81% to 25.77%. This adjustment in shareholding could influence CBA’s influence over PEXA’s strategic decisions, potentially impacting the company’s operational dynamics and market positioning.

More about PEXA Group Limited

PEXA Group Limited operates in the financial services industry, focusing primarily on providing electronic conveyancing services. The company facilitates property transactions through its digital platform, aiming to streamline the process for stakeholders involved in real estate transactions.

YTD Price Performance: -11.10%

Average Trading Volume: 289,683

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.06B

See more data about PXA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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