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An announcement from New Hope Corporation Limited ( (AU:NHC) ) is now available.
JPMorgan Chase & Co. and its affiliates have filed notice that they have ceased to be a substantial holder in New Hope Corporation Limited as of 22 April 2026. The change follows a series of transactions and securities lending arrangements across multiple JPMorgan entities, which collectively reduced their voting power in New Hope below the substantial holding threshold, signaling a shift in the company’s institutional share register and potentially altering its investor base.
The notice details changes in relevant interests through securities on loan, securities lending collateral, rehypothecation under prime brokerage, and proprietary trading by various JPMorgan units. While operational aspects of New Hope’s business remain unaffected, the adjustment in JPMorgan’s position may influence market perception of liquidity and ownership concentration in the stock, with implications for other investors monitoring major shareholder movements.
The most recent analyst rating on (AU:NHC) stock is a Hold with a A$5.70 price target. To see the full list of analyst forecasts on New Hope Corporation Limited stock, see the AU:NHC Stock Forecast page.
More about New Hope Corporation Limited
New Hope Corporation Limited is an Australian-listed resources company focused on coal operations. It is involved in the production and sale of ordinary shares that attract institutional investment and securities lending activity in the capital markets.
YTD Price Performance: 34.46%
Average Trading Volume: 4,449,798
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.5B
For an in-depth examination of NHC stock, go to TipRanks’ Overview page.