Perpetual Limited Acquires Substantial Stake in Australian Finance Group

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Perpetual Limited Acquires Substantial Stake in Australian Finance Group

Australian Finance Group Ltd. ( (AU:AFG) ) has shared an announcement.

Australian Finance Group Limited (AFG) has been acknowledged as having a new substantial holder, Perpetual Limited, which now holds a 5.079% voting power in AFG. This announcement indicates a significant stake acquisition by Perpetual Limited, highlighting a potential shift in shareholder dynamics that might influence AFG’s future strategic decisions and market position.

More about Australian Finance Group Ltd.

YTD Price Performance: 18.87%

Average Trading Volume: 232,789

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$477.9M

Find detailed analytics on AFG stock on TipRanks’ Stock Analysis page.

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