Spark New Zealand Limited (AU:SPK) has released an update.
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Milford Asset Management Limited has increased its stake in Spark New Zealand Limited’s ordinary shares from 5.208% to 6.225%, purchasing over 10.5 million shares for approximately $30.1 million. This strategic move marks a significant boost in Milford’s investment in the telecommunications company, reflecting confidence in Spark’s market performance.
For further insights into AU:SPK stock, check out TipRanks’ Stock Analysis page.