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Soul Patts Ceases Substantial Holding in Propel Funeral Partners

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Soul Patts Ceases Substantial Holding in Propel Funeral Partners

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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) just unveiled an announcement.

Washington H. Soul Pattinson and Company Limited has announced that it has ceased to be a substantial holder in Propel Funeral Partners Limited as of May 30, 2025. This change was due to the sale of shares by Pengana Capital Group Limited, in which Soul Patts holds more than 20% voting power, impacting the company’s relevant interests in Propel Funeral Partners.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson and Company Limited (Soul Patts) is a diversified investment company with interests across various industries, including telecommunications, building materials, resources, and financial services.

Average Trading Volume: 513,044

Technical Sentiment Signal: Buy

Current Market Cap: A$15.71B

Learn more about SOL stock on TipRanks’ Stock Analysis page.

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