tiprankstipranks
Company Announcements

State Street Becomes Substantial Holder in Johns Lyng Group

Story Highlights
State Street Becomes Substantial Holder in Johns Lyng Group

Discover the Best Stocks and Maximize Your Portfolio:

Johns Lyng Group Ltd ( (AU:JLG) ) has shared an update.

Johns Lyng Group Ltd has announced that State Street Bank and Trust Company, a major global financial institution, has become a substantial holder of its voting shares. This development indicates a significant acquisition of voting power, which may impact Johns Lyng Group’s corporate decisions and influence the company’s strategic direction. The involvement of State Street, a substantial entity in financial management, suggests potential implications for Johns Lyng’s market positioning and investor relations.

More about Johns Lyng Group Ltd

YTD Price Performance: 12.83%

Average Trading Volume: 817,908

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.15B

Learn more about JLG stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1