tiprankstipranks
Centuria Capital Sees Significant Shareholder Shift
Company Announcements

Centuria Capital Sees Significant Shareholder Shift

Centuria Capital Group (AU:CNI) has released an update.

Don't Miss our Black Friday Offers:

Centuria Capital Group has experienced a notable change in its shareholder structure, with Yarra Capital Management and its affiliates increasing their voting power from 5.03% to 6.05% through acquisitions and disposals of shares. The transactions, which occurred between September 2023 and September 2024, involved a total consideration of over $18.8 million. This shift reflects a strategic adjustment in Yarra Capital Management’s investment in Centuria Capital Group, potentially signaling increased confidence in the company’s financial outlook.

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

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