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State Street Becomes Substantial Holder in Johns Lyng Group

Story Highlights
  • State Street Bank and Trust Company is now a substantial holder in Johns Lyng Group.
  • This investment may influence Johns Lyng Group’s market position and stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Johns Lyng Group Ltd ( (AU:JLG) ).

Johns Lyng Group Ltd has announced that State Street Bank and Trust Company, along with its subsidiaries, has become a substantial holder in the company. This development indicates a significant investment and interest from a major financial institution, which may impact the company’s market positioning and stakeholder confidence.

More about Johns Lyng Group Ltd

YTD Price Performance: -45.28%

Average Trading Volume: 2,992,693

Technical Sentiment Signal: Buy

Current Market Cap: A$588.9M

For a thorough assessment of JLG stock, go to TipRanks’ Stock Analysis page.

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