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.