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JPMorgan Chase Ends Major Stake in New Hope Corp
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JPMorgan Chase Ends Major Stake in New Hope Corp

New Hope Corporation Limited (AU:NHC) has released an update.

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JPMorgan Chase & Co. and its affiliates have ceased to be a substantial holder in New Hope Corporation Limited as of September 27, 2024, involving various transactions including securities lending and the buying and selling of shares. This change in substantial holding is detailed in the recent Form 605 filed with the Corporations Act 2001 Section 671B. The announcement marks a significant adjustment in the company’s investor profile and share ownership structure.

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