Eumundi Group’s Major Shareholder Increases Stake
Company Announcements

Eumundi Group’s Major Shareholder Increases Stake

Eumundi Group Limited (AU:EBG) has released an update.

Eumundi Group Limited has experienced a significant shift in its shareholder structure, with SCMS Pty Ltd atf SJ Shoobridge Superannuation Fund increasing its stake from 14.01% to 16.54% through a series of market buys and participation in the company’s Dividend Reinvestment Plan (DRP). This change occurred between January and May, culminating in a substantial purchase of 1,000,000 ordinary shares on the 28th of May. No new associates have been reported in relation to this change in voting interests within the company.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App