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Citigroup Becomes Substantial Shareholder in Johns Lyng Group

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Citigroup Becomes Substantial Shareholder in Johns Lyng Group

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Johns Lyng Group Ltd ( (AU:JLG) ) has issued an announcement.

Johns Lyng Group Ltd has announced that Citigroup Global Markets Australia Pty Limited and its related entities have become substantial shareholders in the company, holding a 5.3296% voting power as of May 15, 2025. This development indicates a significant investment by Citigroup, potentially impacting the company’s market position and signaling confidence in its future prospects.

The most recent analyst rating on (AU:JLG) stock is a Buy with a A$5.03 price target. To see the full list of analyst forecasts on Johns Lyng Group Ltd stock, see the AU:JLG Stock Forecast page.

More about Johns Lyng Group Ltd

Average Trading Volume: 3,165,209

Technical Sentiment Signal: Sell

Current Market Cap: A$654M

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

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