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Citigroup Ceases to be Substantial Holder in IDP Education

Story Highlights
  • Citigroup Global Markets Australia ceased being a substantial holder in IDP Education.
  • The change is due to decreased interest in shares through securities lending agreements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Citigroup Ceases to be Substantial Holder in IDP Education

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IDP Education Ltd. ( (AU:IEL) ) has provided an update.

IDP Education Ltd. has announced that Citigroup Global Markets Australia Pty Limited has ceased to be a substantial holder in the company as of June 11, 2025. This change in substantial holding is due to Citigroup’s decreased relevant interest in shares through securities lending agreements and ordinary business transactions on the stock market, impacting the company’s shareholder composition.

The most recent analyst rating on (AU:IEL) stock is a Buy with a A$16.00 price target. To see the full list of analyst forecasts on IDP Education Ltd. stock, see the AU:IEL Stock Forecast page.

More about IDP Education Ltd.

Average Trading Volume: 3,577,086

Technical Sentiment Signal: Sell

Current Market Cap: A$1.04B

See more data about IEL stock on TipRanks’ Stock Analysis page.

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