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Citigroup Becomes Substantial Shareholder in Johns Lyng Group

Story Highlights
  • Citigroup Global Markets Australia now holds 5.1233% voting power in Johns Lyng Group.
  • This investment may influence Johns Lyng Group’s market position and stakeholder relations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Citigroup Becomes Substantial Shareholder in Johns Lyng Group

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

Citigroup Global Markets Australia Pty Limited has become a substantial shareholder in Johns Lyng Group Ltd, acquiring a 5.1233% voting power in the company. This development indicates a significant investment and interest from Citigroup, potentially impacting Johns Lyng Group’s market positioning and stakeholder dynamics.

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: 3,168,609

Technical Sentiment Signal: Sell

Current Market Cap: A$642.7M

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

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