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Citigroup Ceases Substantial Holding in IDP Education

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IDP Education Ltd. ( (AU:IEL) ) just unveiled an announcement.

IDP Education Ltd. has announced that Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in the company as of April 30, 2025. This change in substantial holding is due to a series of transactions involving securities lending agreements, which resulted in a decreased relevant interest in IDP Education’s shares by various Citigroup entities. The announcement reflects a shift in the ownership structure of IDP Education, which may impact the company’s market dynamics and stakeholder relations.

More about IDP Education Ltd.

YTD Price Performance: -33.15%

Average Trading Volume: 137

Technical Sentiment Signal: Buy

Current Market Cap: €1.4B

For a thorough assessment of IEL stock, go to TipRanks’ Stock Analysis page.

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