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Citigroup Ceases to be Substantial Holder in Bannerman Energy

Story Highlights
  • Citigroup Global Markets has ceased to be a substantial holder in Bannerman Energy.
  • The change is due to decreased interest in shares through securities lending and stock market transactions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Citigroup Ceases to be Substantial Holder in Bannerman Energy

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Bannerman Energy ( (AU:BMN) ) just unveiled an update.

Bannerman Energy has announced that Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in the company as of June 27, 2025. This change in substantial holding is due to Citigroup’s decreased relevant interest in Bannerman Energy’s shares through securities lending agreements and standard stock market transactions, impacting the company’s shareholder structure.

The most recent analyst rating on (AU:BMN) stock is a Buy with a A$4.33 price target. To see the full list of analyst forecasts on Bannerman Energy stock, see the AU:BMN Stock Forecast page.

More about Bannerman Energy

Average Trading Volume: 1,125,937

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$588.4M

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

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