Citigroup Ups Stake in IDP Education Ltd.
Company Announcements

Citigroup Ups Stake in IDP Education Ltd.

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

Citigroup Global Markets Australia Pty Limited and its associated entities have experienced a change in their substantial shareholding in IDP Education Ltd., with their voting power increasing from 6.7796% to 7.8462%. The change is attributed to various transactions, including securities lending agreements and ordinary stock market dealings, leading to an overall increase in their voting shares by 2,968,638. These shifts in Citigroup’s investment interest highlight potential movements in IDP Education Ltd.’s stock dynamics.

For further insights into AU:IEL stock, check out TipRanks’ Stock Analysis page.

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