Fletcher Building Shareholder Stake Increased

Fletcher Building Limited (FRCEF) has released an update.

Schroder Investment Management Australia Ltd has increased its stake in Fletcher Building Limited, with their voting power rising from 7.16% to 10.24% after purchasing 24,102,160 ordinary shares between September 24 and 30, 2024. The transaction involved an investment of $63,870,724, reflecting a significant change in the company’s shareholder structure.

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