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Eclipx Group Sees Shift in Shareholder Structure with New Substantial Holder

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Eclipx Group Sees Shift in Shareholder Structure with New Substantial Holder

Elevate Your Investing Strategy:

Eclipx Group ( (AU:FPR) ) has issued an announcement.

Eclipx Group has announced a significant change in its shareholder structure, with First Sentier Investors RQI Pty Ltd becoming a substantial holder. This development indicates a shift in the voting power and control within the company, potentially impacting its strategic direction and governance. The involvement of Mitsubishi UFJ Financial Group, through its indirect ownership of First Sentier Investors Holdings Pty Limited, further emphasizes the global financial interest in Eclipx Group’s operations.

The most recent analyst rating on (AU:FPR) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Eclipx Group stock, see the AU:FPR Stock Forecast page.

More about Eclipx Group

YTD Price Performance: 8.92%

Average Trading Volume: 292,272

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$637M

For a thorough assessment of FPR stock, go to TipRanks’ Stock Analysis page.

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