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Rubicon Water Shareholder Voting Power Dilutes

Rubicon Water Shareholder Voting Power Dilutes

Rubicon Water Limited (AU:RWL) has released an update.

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GD Ciavarella Pty Ltd has reported a change in their substantial holding in Rubicon Water Limited, with their voting power decreasing from 9.93% to 8.64% following a share placement that occurred on August 7, 2024. Despite the dilution of their voting power, GD Ciavarella Pty Ltd remains a significant shareholder with 17,144,292 ordinary shares. This adjustment reflects the ongoing dynamics of Rubicon Water’s shareholder structure.

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

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