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Citigroup Reduces Stake in Boss Energy

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Boss Energy ( (AU:BOE) ) has provided an update.

Boss Energy Ltd has announced a change in the interests of its substantial shareholder, Citigroup Global Markets Australia Pty Limited, which is part of the Citigroup group of companies. The announcement details a decrease in Citigroup’s voting power in Boss Energy, dropping from 6.6696% to 5.6293%. This change is attributed to Citigroup’s decreased relevant interest in the shares due to securities lending agreements and standard stock market transactions. The reduction in Citigroup’s stake could impact Boss Energy’s shareholder dynamics and influence within the company.

More about Boss Energy

YTD Price Performance: 42.36%

Average Trading Volume: 21,506

Technical Sentiment Signal: Sell

Current Market Cap: $957.7M

For an in-depth examination of BOE stock, go to TipRanks’ Stock Analysis page.

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