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Citigroup Becomes Substantial Shareholder in IDP Education Ltd

Story Highlights
  • Citigroup Global Markets Australia has become a substantial shareholder in IDP Education Ltd.
  • Citigroup’s 5.0231% voting power indicates significant investment and confidence in IDP’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

IDP Education Ltd. ( (AU:IEL) ) has provided an update.

IDP Education Ltd has announced that Citigroup Global Markets Australia Pty Limited, along with its related corporate bodies, has become a substantial shareholder in the company as of May 13, 2025. Citigroup’s acquisition of a 5.0231% voting power in IDP Education Ltd signifies a significant investment, potentially impacting the company’s market position and signaling confidence in its future prospects.

The most recent analyst rating on (AU:IEL) stock is a Hold with a A$14.70 price target. To see the full list of analyst forecasts on IDP Education Ltd. stock, see the AU:IEL Stock Forecast page.

More about IDP Education Ltd.

Average Trading Volume: 2,147,288

Technical Sentiment Signal: Sell

Current Market Cap: A$2.76B

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

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