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State Street Corporation Ceases Substantial Holding in Austal Limited

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State Street Corporation Ceases Substantial Holding in Austal Limited

Elevate Your Investing Strategy:

Austal ( (AU:ASB) ) has shared an update.

State Street Corporation and its subsidiaries have ceased to be substantial holders in Austal Limited as of July 9, 2025. This change in substantial holding may impact Austal’s shareholder composition and influence within the market, potentially affecting its strategic decisions and stakeholder interests.

The most recent analyst rating on (AU:ASB) stock is a Buy with a A$3.33 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.

More about Austal

Austal Limited operates in the shipbuilding industry, focusing on the design and construction of defense and commercial vessels. The company is known for its innovative maritime solutions and serves a global market, including government and private sector clients.

Average Trading Volume: 1,649,463

Technical Sentiment Signal: Buy

Current Market Cap: A$2.42B

For detailed information about ASB stock, go to TipRanks’ Stock Analysis page.

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