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Franklin Resources Acquires Significant Stake in Minerals 260 Limited

Story Highlights
  • Franklin Resources, Inc. now holds 5.81% voting power in Minerals 260 Limited.
  • This acquisition could influence Minerals 260 Limited’s shareholder structure and decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Franklin Resources Acquires Significant Stake in Minerals 260 Limited

Minerals 260 Limited ( (AU:MI6) ) has provided an announcement.

Franklin Resources, Inc. and its affiliates have become substantial holders in Minerals 260 Limited, acquiring a 5.81% voting power through 125,000,000 ordinary shares. This acquisition marks a significant investment in Minerals 260 Limited, potentially impacting the company’s shareholder structure and influencing future corporate decisions.

More about Minerals 260 Limited

YTD Price Performance: -7.69%

Average Trading Volume: 30,959,031

Technical Sentiment Signal: Strong Buy

For a thorough assessment of MI6 stock, go to TipRanks’ Stock Analysis page.

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