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Polynovo Announces Changes in Shareholder Structure

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Polynovo Announces Changes in Shareholder Structure

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Polynovo ( (AU:PNV) ) just unveiled an announcement.

Polynovo Limited has announced a significant change in its shareholder structure, with various entities, including State Street Bank and Trust Company and its subsidiaries, becoming substantial holders. This development indicates a shift in the company’s ownership dynamics, potentially impacting its strategic decisions and market positioning. The involvement of major financial institutions as substantial holders could influence Polynovo’s future operations and stakeholder engagements.

The most recent analyst rating on (AU:PNV) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Polynovo stock, see the AU:PNV Stock Forecast page.

More about Polynovo

Average Trading Volume: 3,261,811

Technical Sentiment Signal: Sell

Current Market Cap: A$991.4M

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

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