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Sims Limited Sees Change in Substantial Holder’s Voting Power

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Sims Limited Sees Change in Substantial Holder’s Voting Power

Sims ( (AU:SGM) ) just unveiled an announcement.

Sims Limited has announced a change in the interests of its substantial holder, Allan Gray Australia Pty Ltd, which acts as an investment manager for various funds. As of March 17, 2025, Allan Gray’s voting power in Sims Limited has decreased from 17.64% to 16.49%, reflecting a reduction in the number of ordinary shares held. This change in voting power may impact the company’s shareholder dynamics and influence within the industry.

More about Sims

YTD Price Performance: 14.47%

Average Trading Volume: 525

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.89B

For detailed information about SGM stock, go to TipRanks’ Stock Analysis page.

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