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Citigroup Ceases Substantial Holding in Pacific Current Group

Story Highlights
  • Citigroup Global Markets has ceased being a substantial holder in Pacific Current Group.
  • The change is due to a decrease in Citigroup’s relevant interest from a securities lending agreement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Citigroup Ceases Substantial Holding in Pacific Current Group

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Pacific Current Group Ltd ( (AU:PAC) ) has shared an announcement.

Citigroup Global Markets Australia Pty Limited has ceased to be a substantial holder in Pacific Current Group Ltd as of April 3, 2025. This change reflects a decrease in Citigroup’s relevant interest in the company’s shares due to a securities lending agreement, potentially impacting the company’s shareholder structure and market perception.

More about Pacific Current Group Ltd

Pacific Current Group Ltd operates in the financial services industry, focusing on investment management and advisory services. The company is known for its strategic investments and partnerships in asset management firms, aiming to enhance its market presence and deliver value to its stakeholders.

YTD Price Performance: -1.76%

Average Trading Volume: 369

Technical Sentiment Signal: Sell

Current Market Cap: $211.4M

Learn more about PAC stock on TipRanks’ Stock Analysis page.

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