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Soul Patts Increases Stake in AMA Group

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Soul Patts Increases Stake in AMA Group

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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has issued an update.

Washington H. Soul Pattinson and Company Limited has increased its voting power in AMA Group Limited from 5.27% to 6.02%, reflecting a strategic move to strengthen its influence within the company. Additionally, through its association with Pengana Capital Group Limited, Soul Patts has acquired a 0.42% voting power, bringing its total voting power in AMA Group to 6.44%. This change in substantial holding indicates a potential shift in the company’s investment strategy and could impact its market positioning and stakeholder relations.

More about Washington H. Soul Pattinson and Co.

Washington H. Soul Pattinson and Company Limited (Soul Patts) is a diversified investment company based in Australia. It operates across various industries, including telecommunications, energy, and financial services, focusing on long-term investments and value creation for its stakeholders.

Average Trading Volume: 444,279

Technical Sentiment Signal: Buy

Current Market Cap: A$13.72B

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

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