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Citigroup Becomes Substantial Shareholder in IDP Education Ltd.

Story Highlights
  • Citigroup Global Markets Australia becomes a substantial shareholder in IDP Education.
  • Citigroup’s 5.5765% stake signals confidence in IDP Education’s future prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Citigroup Becomes Substantial Shareholder in IDP Education Ltd.

Elevate Your Investing Strategy:

IDP Education Ltd. ( (AU:IEL) ) has issued an announcement.

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 20, 2025, holding a 5.5765% voting power. This development indicates a significant investment by Citigroup, potentially impacting IDP Education’s market positioning and signaling confidence in the company’s future prospects.

The most recent analyst rating on (AU:IEL) stock is a Buy with a A$16.00 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: 2,243,099

Technical Sentiment Signal: Sell

Current Market Cap: A$2.51B

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

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