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The latest update is out from Bapcor Ltd ( (AU:BAP) ).
Citigroup Global Markets Australia and related Citi entities have notified Bapcor that they have ceased to be a substantial shareholder in the company as of 3 March 2026. The change follows a series of transactions, primarily involving securities lending arrangements, that reduced Citi’s aggregate relevant interest below the substantial holding threshold.
The adjustments include decreased holdings by Citibank N.A. Sydney Branch, Citigroup Global Markets Australia Pty Limited and Citigroup Global Markets Limited, partly offset by an increased interest at Citigroup Global Markets Inc. The exit of Citi as a substantial holder may modestly alter Bapcor’s share register composition and could signal a rebalancing of positions by a major institutional investor, though no changes to Bapcor’s operations are indicated.
The most recent analyst rating on (AU:BAP) stock is a Sell with a A$0.76 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.
More about Bapcor Ltd
Bapcor Ltd is an Australian-listed company focused on the automotive aftermarket sector, supplying replacement parts, accessories and related services. The group operates through trade, retail and wholesale channels, serving workshops, fleet operators and consumers across Australia, New Zealand and selected Asian markets.
Average Trading Volume: 5,032,035
Technical Sentiment Signal: Sell
Current Market Cap: A$421.1M
See more data about BAP stock on TipRanks’ Stock Analysis page.