Fletcher Building Investor Increases Stake

Fletcher Building Limited (FRCEF) has released an update.

Schroder Investment Management Australia Ltd, a substantial holder in Fletcher Building Limited, has increased its voting power from 5.14% to 7.16% through purchase and sale transactions between August 5, 2024, and September 20, 2024. The firm now holds 56,097,620 ordinary shares, reflecting a notable change in interests and possibly hinting at strategic moves within the company’s investor base.

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