tiprankstipranks
Perpetual Limited Reduces Stake in Iluka Resources
Company Announcements

Perpetual Limited Reduces Stake in Iluka Resources

Story Highlights

Invest with Confidence:

The latest announcement is out from Iluka Resources Limited ( (AU:ILU) ).

Iluka Resources Limited has experienced a decrease in its substantial holdings by Perpetual Limited and its related bodies. The voting power of Perpetual Limited has reduced from 8.24% to 7.194%, indicating a change in their interests in the company. This reduction in Perpetual Limited’s voting power may have implications on their influence within Iluka Resources Limited, potentially affecting decision-making processes and strategic directions.

More about Iluka Resources Limited

YTD Price Performance: -0.30%

Average Trading Volume: 875

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.42B

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App