Lindsay Australia Limited (AU:LAU) has released an update.
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Washington H. Soul Pattinson and Company Limited (Soul Patts) has reduced its voting power in Lindsay Australia Limited from 15.96% to 14.68%, as detailed in a recent change of substantial holding notice. The adjustment reflects a decrease in the number of ordinary shares held by Soul Patts from 49,875,000 to 45,875,000. This move could signal a shift in Soul Patts’ investment strategy or portfolio rebalancing, potentially influencing Lindsay Australia Limited’s stock performance.
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