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The latest announcement is out from LGI LTD ( (AU:LGI) ).
LGI Limited, a company listed on the Australian Securities Exchange (ASX: LGI), has experienced a change in the interests of its substantial holder, Washington H. Soul Pattinson and Company Limited (Soul Patts). The voting power of Soul Patts has increased from 5.03% to 6.20%, reflecting a significant acquisition of ordinary shares in LGI Limited. This change in voting power may impact LGI’s corporate governance and influence future strategic decisions, highlighting Soul Patts’ growing influence within the company.
More about LGI LTD
YTD Price Performance: -1.01%
Average Trading Volume: 32,648
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$262M
Learn more about LGI stock on TipRanks’ Stock Analysis page.