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Sequoia Financial Group Ltd. ( (AU:SEQ) ) has issued an update.
Sequoia Financial Group Ltd. has announced a significant change in its substantial holding status, as Acorn Capital Limited has ceased to be a substantial holder in the company. This change occurred due to a series of sales of ordinary shares by Acorn Capital Limited, totaling over 2.7 million shares, which significantly reduced its voting interest in Sequoia Financial Group Ltd. This development may impact the company’s shareholder structure and could have implications for its market positioning and stakeholder interests.
More about Sequoia Financial Group Ltd.
Average Trading Volume: 161,394
Technical Sentiment Signal: Sell
Current Market Cap: A$45.11M
For detailed information about SEQ stock, go to TipRanks’ Stock Analysis page.