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Pro-Pac Packaging Limited ( (AU:PPG) ) has issued an update.
Meb Pty Ltd, as trustee for the Meb Superannuation Fund, has become a substantial holder in Pro-Pac Packaging Limited, acquiring a 5% voting power through the purchase of 9,084,386 ordinary shares. This acquisition could impact Pro-Pac Packaging’s shareholder structure and influence its future strategic decisions.
More about Pro-Pac Packaging Limited
Pro-Pac Packaging Limited operates in the packaging industry, offering a range of packaging solutions. The company focuses on providing innovative packaging products and services to various market segments.
YTD Price Performance: -23.33%
Average Trading Volume: 222,856
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.63M
For a thorough assessment of PPG stock, go to TipRanks’ Stock Analysis page.