tiprankstipranks
State Street Corporation Becomes Substantial Holder in West African Resources
Company Announcements

State Street Corporation Becomes Substantial Holder in West African Resources

Story Highlights
  • State Street Corporation now holds substantial voting power in West African Resources.
  • This acquisition could impact West African Resources’ governance and strategic direction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

West African Resources Ltd ( (AU:WAF) ) has issued an update.

State Street Corporation, through its various subsidiaries, has become a substantial holder in West African Resources Limited, acquiring a significant voting power in the company. This development indicates a strategic move by State Street to enhance its influence and potential control over West African Resources, impacting the company’s governance dynamics and potentially influencing its future strategic decisions.

More about West African Resources Ltd

YTD Price Performance: 10.87%

Average Trading Volume: 7,441

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.13B

See more data about WAF 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