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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has shared an announcement.
Washington H. Soul Pattinson and Company Limited (Soul Patts) has become a substantial holder in AMA Group Limited, acquiring a 4.48% voting power through 214,040,206 ordinary shares. Alongside Pengana Capital Group Limited, which holds a 0.71% voting power, the total voting power amounts to 5.19%. This acquisition marks a significant investment move by Soul Patts, potentially influencing AMA Group’s strategic direction and shareholder dynamics.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
More about Washington H. Soul Pattinson and Co.
Average Trading Volume: 605,402
Technical Sentiment Signal: Buy
Current Market Cap: A$15.81B
Learn more about SOL stock on TipRanks’ Stock Analysis page.