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JM Financial Group Acquires Substantial Stake in Sequoia Financial Group

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JM Financial Group Acquires Substantial Stake in Sequoia Financial Group

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Sequoia Financial Group Ltd. ( (AU:SEQ) ) just unveiled an announcement.

Sequoia Financial Group Ltd. has announced that JM Financial Group Limited has become a substantial holder in the company, acquiring a 6.2% voting power through 7,659,859 ordinary shares. This acquisition, managed through client discretionary investment accounts, positions JM Financial Group as a significant stakeholder, potentially influencing future company decisions and strategies.

More about Sequoia Financial Group Ltd.

Average Trading Volume: 184,661

Technical Sentiment Signal: Sell

Current Market Cap: A$44.49M

See more insights into SEQ stock on TipRanks’ Stock Analysis page.

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