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State Street Corporation Becomes Substantial Holder in Imdex Ltd

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State Street Corporation Becomes Substantial Holder in Imdex Ltd

An update from Imdex Ltd ( (AU:IMD) ) is now available.

Imdex Ltd has announced a significant change in its shareholder structure, with State Street Corporation and its subsidiaries becoming substantial holders. This development indicates a strategic investment by State Street, which could influence Imdex’s market positioning and operational strategies, potentially impacting stakeholders and the company’s future growth trajectory.

More about Imdex Ltd

YTD Price Performance: 15.52%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $933.4M

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

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