NZSF Ups Stake in KMD Brands to 12.7%
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NZSF Ups Stake in KMD Brands to 12.7%

KMD Brands Limited (AU:KMD) has released an update.

The New Zealand Superannuation Fund (NZSF) has increased its stake in KMD Brands Limited, now holding a total of 12.708% of the company’s ordinary shares after buying and selling shares between February and June 2024. This movement represents a significant change from their last reported stake of 11.702%. The NZSF, acting as a beneficial owner, has demonstrated active engagement in the trading of KMD shares, reflecting a strategic adjustment in their investment portfolio.

For further insights into AU:KMD stock, check out TipRanks’ Stock Analysis page.

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