Saunders International Corrects Substantial Holder Notice

Story Highlights
Saunders International Corrects Substantial Holder Notice

Saunders International Limited ( (AU:SND) ) has provided an announcement.

Saunders International Limited announced a correction to a previously filed notice regarding the change of interests of a substantial holder, NAOS Asset Management Limited. The correction pertains to the consideration received, impacting the voting power of the substantial holder, which now stands at 15.55%. This adjustment reflects a decrease in voting power, potentially affecting stakeholder dynamics and the company’s governance structure.

More about Saunders International Limited

Saunders International Limited operates in the engineering and construction industry, focusing on delivering infrastructure solutions. The company is known for its expertise in designing and constructing industrial facilities, offering services that cater to sectors such as oil and gas, mining, and water infrastructure.

YTD Price Performance: -17.17%

Average Trading Volume: 30,198

Technical Sentiment Signal: Buy

Current Market Cap: A$99.14M

For a thorough assessment of SND stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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