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Scales Corp. Ltd. ( (NZ:SCL) ) just unveiled an announcement.
Harbour Asset Management Limited has reduced its substantial shareholding in Scales Corporation Limited, disclosing that its interest has fallen from 11.468% to 10.404% of Scales’ ordinary shares. The change follows a series of on-market buy and sell trades and a net off-market transfer out since September 2025, leaving Harbour with 15,137,607 shares.
The movement indicates an active rebalancing of Harbour’s position in Scales while it remains a significant institutional shareholder. BNZ Investment Services Limited, a wholly owned subsidiary with shares managed by Harbour, now holds 3,776,036 shares, representing 2.595% of the company, highlighting continued but slightly reduced institutional exposure to Scales’ stock.
More about Scales Corp. Ltd.
Scales Corporation Limited is a New Zealand-listed company, trading under the ticker SCL, with its shares widely held by institutional investors. The company attracts interest from asset managers such as Harbour Asset Management Limited and BNZ Investment Services Limited, reflecting its role as an investable vehicle in the local equity market.
Average Trading Volume: 113,477
Technical Sentiment Signal: Buy
Current Market Cap: N$877.3M
For a thorough assessment of SCL stock, go to TipRanks’ Stock Analysis page.