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Soul Patts Acquires Substantial Stake in AMA Group Limited

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Soul Patts Acquires Substantial Stake in AMA Group Limited

Elevate Your Investing Strategy:

Ama Group Limited ( (AU:AMA) ) has provided an update.

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 could potentially influence the strategic direction of AMA Group Limited and impact its stakeholders.

The most recent analyst rating on (AU:AMA) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Ama Group Limited stock, see the AU:AMA Stock Forecast page.

More about Ama Group Limited

Average Trading Volume: 7,237,366

Technical Sentiment Signal: Hold

Current Market Cap: A$468.7M

See more data about AMA stock on TipRanks’ Stock Analysis page.

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