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Spheria Asset Management Acquires 5% Stake in IRESS Limited

Story Highlights

An announcement from IRESS Limited ( (AU:IRE) ) is now available.

Spheria Asset Management Pty Ltd has become a substantial holder in IRESS Limited, acquiring a 5% voting power with 9,340,909 ordinary fully paid shares as of April 28, 2025. This acquisition may influence IRESS’s shareholder dynamics and could impact its strategic decisions, reflecting Spheria’s confidence in the company’s market positioning and future prospects.

More about IRESS Limited

IRESS Limited operates in the financial technology industry, providing software solutions primarily for financial markets and wealth management sectors. The company focuses on delivering innovative technology to enhance the efficiency and effectiveness of financial services operations.

YTD Price Performance: -19.34%

Average Trading Volume: 154

Technical Sentiment Signal: Buy

Current Market Cap: €827.1M

See more data about IRE stock on TipRanks’ Stock Analysis page.

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