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Sage Capital Group Increases Stake in Centrepoint Alliance

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Sage Capital Group Increases Stake in Centrepoint Alliance

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Centrepoint Alliance Limited ( (AU:CAF) ) has shared an update.

Sage Capital Group Pty Ltd, a subsidiary of Sequoia Financial Group Limited, has increased its voting power in Centrepoint Alliance Limited from 6.06% to 16.52% through on-market trades. This significant change in shareholding reflects a strategic move that could impact Centrepoint Alliance’s operations and influence its market positioning, potentially affecting stakeholders and future company decisions.

More about Centrepoint Alliance Limited

Centrepoint Alliance Limited operates in the financial services industry, providing a range of financial products and services. The company focuses on offering solutions that cater to financial planning, investment, and insurance needs, positioning itself as a key player in the Australian financial market.

Average Trading Volume: 599,064

Technical Sentiment Signal: Buy

Current Market Cap: A$71.6M

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

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