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State Street Corporation Ceases Substantial Holding in Imdex Ltd

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State Street Corporation Ceases Substantial Holding in Imdex Ltd

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Imdex Ltd ( (AU:IMD) ) has provided an update.

Imdex Ltd has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of May 22, 2025. This change in substantial holding could impact the company’s shareholder structure and influence its market dynamics, potentially affecting investor sentiment and the company’s strategic decisions moving forward.

The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.

More about Imdex Ltd

YTD Price Performance: 20.45%

Average Trading Volume: 1,553,943

Technical Sentiment Signal: Buy

Current Market Cap: A$1.42B

For an in-depth examination of IMD stock, go to TipRanks’ Stock Analysis page.

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