tiprankstipranks
Company Announcements

Lark Distilling Co. Substantial Holder Increases Voting Power

Story Highlights
Lark Distilling Co. Substantial Holder Increases Voting Power

Discover the Best Stocks and Maximize Your Portfolio:

Lark Distilling Co. Ltd. ( (AU:LRK) ) has provided an update.

Lark Distilling Co. Ltd. has announced a change in the voting power of its substantial holder, Perennial Value Management Limited (PVM). The voting power increased from 13.39% to 14.63% due to several market purchases made between November 2024 and January 2025 by entities including Northern Trust, BNP Paribas Securities Services, and HSBC. This change reflects the active investment strategy of PVM and indicates increased confidence in Lark Distilling Co., potentially impacting its market position and stakeholder interests.

More about Lark Distilling Co. Ltd.

YTD Price Performance: -6.96%

Average Trading Volume: 39,402

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$112.8M

For a thorough assessment of LRK stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1