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JPMorgan Chase Ceases Substantial Holding in Audinate Group

Story Highlights
  • JPMorgan Chase & Co. and affiliates no longer hold substantial voting securities in Audinate Group.
  • This change in holdings could affect Audinate’s shareholder structure and market perception.
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JPMorgan Chase Ceases Substantial Holding in Audinate Group

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Audinate Group Ltd. ( (AU:AD8) ) has provided an announcement.

Audinate Group Ltd. has announced that JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders of the company’s voting securities. This change in holding status, effective from February 6, 2025, reflects the sale and loan of securities by JPMorgan Chase Bank, N.A. and J.P. Morgan Securities Australia Limited. This development could potentially impact the company’s shareholder structure and market perception, as significant changes in substantial holdings often influence investor confidence and company valuation.

More about Audinate Group Ltd.

Average Trading Volume: 2,020

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $382.6M

See more insights into AD8 stock on TipRanks’ Stock Analysis page.

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