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The latest update is out from IRESS Limited ( (AU:IRE) ).
Norges Bank has become a substantial holder in IRESS Limited, acquiring a 5.10% voting power through its ownership of 9,534,336 ordinary shares. This acquisition signifies a notable investment by the central bank of Norway, potentially impacting IRESS’s shareholder dynamics and reflecting confidence in the company’s market position.
More about IRESS Limited
IRESS Limited operates within the financial technology industry, providing software solutions primarily for financial services companies. Its products and services focus on trading, market data, wealth management, and financial advice, catering to a global market with a strong presence in Australia and the UK.
YTD Price Performance: -14.98%
Average Trading Volume: 154
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €869M
For detailed information about IRE stock, go to TipRanks’ Stock Analysis page.