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MA Financial Group Ups Stake in Lynch Group

MA Financial Group Ups Stake in Lynch Group

Lynch Group Holding Ltd (AU:LGL) has released an update.

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MA Financial Group Limited has increased its voting power in Lynch Group Holdings Ltd, from 5.08% to 6.32%, by acquiring additional ordinary shares. The change, which occurred on September 23, 2024, reflects a significant shift in the investment firm’s stake in Lynch Group after their last notice in February of the same year. This strategic move by MA Financial Group could signal confidence in the Lynch Group’s performance and future.

For further insights into AU:LGL stock, check out TipRanks’ Stock Analysis page.

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