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State Street Becomes Substantial Holder in Imdex Ltd

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State Street Becomes Substantial Holder in Imdex Ltd

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Imdex Ltd ( (AU:IMD) ) just unveiled an update.

Imdex Ltd has announced a significant change in its shareholder structure, with State Street Corporation and its subsidiaries becoming substantial holders with a 5.14% voting power in the company. This development indicates a notable shift in the company’s ownership, potentially impacting its strategic direction and stakeholder interests.

The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.

More about Imdex Ltd

Average Trading Volume: 1,190,772

Technical Sentiment Signal: Buy

Current Market Cap: A$1.39B

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

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