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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) just unveiled an announcement.
Washington H. Soul Pattinson and Company Limited, a substantial holder in Perpetual Limited, has increased its voting power from 5.36% to 6.49% by acquiring additional ordinary shares. This change, combined with an existing economic interest through cash-settled equity swaps, brings Soul Patts’ aggregate economic interest in Perpetual to 9.59%. This move could potentially strengthen Soul Patts’ influence within Perpetual Limited, impacting its strategic decisions and stakeholder engagements.
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: 548,965
Technical Sentiment Signal: Buy
Current Market Cap: A$15.32B
For detailed information about SOL stock, go to TipRanks’ Stock Analysis page.