Milford Asset Management Acquires Stake in Spark New Zealand

Spark New Zealand Limited (AU:SPK) has released an update.

Milford Asset Management Limited has gained a substantial holding in Spark New Zealand Limited, acquiring over 96 million ordinary shares, which represent 5.208% of the total shares. This move involves significant on-market purchases and sales, highlighting Milford’s active trading strategy in the New Zealand stock market. Investors may find this development indicative of potential shifts in Spark’s shareholder landscape.

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