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IDP Education Ltd. ( (AU:IEL) ) just unveiled an announcement.
Citigroup Global Markets Australia and related Citi group entities have notified IDP Education that they have ceased to be substantial shareholders in the company as of 6 March 2026. The change results from a series of transactions, primarily reductions in relevant interests tied to securities lending agreements, which collectively lowered Citi’s voting stake below the substantial holding threshold and may modestly broaden IDP Education’s shareholder base while reducing one large institutional holder’s influence on voting outcomes.
The most recent analyst rating on (AU:IEL) stock is a Sell with a A$4.00 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.
IDP Education Ltd. is an education services company best known for student placement and related services for international education markets. The company’s ordinary fully paid shares are listed and actively traded, making its register closely watched by institutional and global financial investors.
Average Trading Volume: 1,650,367
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.22B
See more insights into IEL stock on TipRanks’ Stock Analysis page.