Cumulus Wealth Boosts Stake in Babylon Pump & Power
Company Announcements

Cumulus Wealth Boosts Stake in Babylon Pump & Power

Babylon Pump & Power Ltd (AU:BPP) has released an update.

Cumulus Wealth, a substantial holder in Babylon Pump & Power Ltd (BPP), has increased its voting power from 9.17% to 10.30% by acquiring additional shares, as detailed in a recent statutory filing. The change, which took place on May 29, 2024, reflects an augmented stake of nearly 30 million shares, signaling a growing interest in the future prospects of BPP.

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

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