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M&G Plc Increases Stake in FBR Limited

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M&G Plc Increases Stake in FBR Limited

Confident Investing Starts Here:

The latest announcement is out from FBR Limited ( (AU:FBR) ).

FBR Limited has experienced a change in its substantial holdings, with M&G Plc and its subsidiary companies increasing their voting power in the company. The recent acquisition of 20 million NPV ordinary shares by M&G Investment Management Limited has resulted in a change in their voting power from 13.02% to 11.99%. This adjustment in shareholding reflects M&G’s strategic investment decisions and could influence FBR Limited’s market dynamics and stakeholder interests.

More about FBR Limited

YTD Price Performance: -45.00%

Average Trading Volume: 402,891

Technical Sentiment Signal: Strong Buy

Current Market Cap: $28.28M

For an in-depth examination of FBR stock, go to TipRanks’ Stock Analysis page.

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