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Smartgroup Corporation Ltd Sees Shift in Substantial Holdings

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Smartgroup Corporation Ltd Sees Shift in Substantial Holdings

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The latest update is out from Smartgroup Corporation Ltd ( (AU:SIQ) ).

Smartgroup Corporation Ltd has announced a significant change in its substantial holdings, with First Sentier Group Limited and its subsidiaries, including Mitsubishi UFJ Financial Group, Inc., acquiring a notable voting power in the company. This development indicates a shift in the company’s shareholder structure, potentially impacting its strategic direction and decision-making processes.

The most recent analyst rating on (AU:SIQ) stock is a Hold with a A$9.50 price target. To see the full list of analyst forecasts on Smartgroup Corporation Ltd stock, see the AU:SIQ Stock Forecast page.

More about Smartgroup Corporation Ltd

Average Trading Volume: 451,502

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.04B

See more insights into SIQ stock on TipRanks’ Stock Analysis page.

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