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.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com