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NAB Acquires Substantial Stake in Urbanise.com

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NAB Acquires Substantial Stake in Urbanise.com

Elevate Your Investing Strategy:

Urbanise.com ( (AU:UBN) ) has issued an update.

National Australia Bank Limited (NAB) and its subsidiaries have become substantial holders in Urbanise.com Limited, acquiring a 15% voting power through the purchase of 11,796,136 fully paid ordinary shares. This acquisition, valued at $8,811,713.59, signifies a strategic investment by NAB, potentially impacting Urbanise.com’s market positioning and stakeholder interests by aligning with a major financial institution.

More about Urbanise.com

Average Trading Volume: 10,428

Technical Sentiment Signal: Hold

Current Market Cap: A$45.16M

See more data about UBN stock on TipRanks’ Stock Analysis page.

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