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RPMGlobal Holdings Ltd Announces Changes in Substantial Shareholding

Story Highlights
  • Perennial Value Management Limited ceased to be a substantial holder of RPMGlobal Holdings Ltd.
  • Multiple transactions indicate a dynamic shift in RPMGlobal’s ownership structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RPMGlobal Holdings Ltd Announces Changes in Substantial Shareholding

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RPMGlobal Holdings Ltd ( (AU:RUL) ) has provided an update.

RPMGlobal Holdings Ltd has announced changes in the substantial holding of its shares, with Perennial Value Management Limited ceasing to be a substantial holder. The changes involve multiple transactions by Citicorp Nominees Pty Limited, HSBC, Northern Trust, and BNP Paribas Securities Services, reflecting a dynamic shift in the ownership structure of RPMGlobal Holdings Ltd. These transactions indicate a significant reshuffling of shares, which may impact the company’s market positioning and stakeholder interests.

The most recent analyst rating on (AU:RUL) stock is a Buy with a A$2.90 price target. To see the full list of analyst forecasts on RPMGlobal Holdings Ltd stock, see the AU:RUL Stock Forecast page.

More about RPMGlobal Holdings Ltd

Average Trading Volume: 413,684

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$654M

Learn more about RUL stock on TipRanks’ Stock Analysis page.

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