Magellan Boosts Stake in IDP Education Ltd
Company Announcements

Magellan Boosts Stake in IDP Education Ltd

IDP Education Ltd. (AU:IEL) has released an update.

Magellan Financial Group Ltd has increased its stake in IDP Education Limited, upping its voting power from 5.00% to 6.13% as reported on July 22, 2024. This change highlights Magellan’s growing interest in IDP Education, with an increase of 3,141,179 ordinary fully paid shares since their last notice. Such shifts in shareholding can influence investor confidence and potentially impact IDP Education’s market performance.

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

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