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UBS Group AG Reduces Stake in EROAD Limited

Story Highlights

EROAD ( (ERDLF) ) has issued an announcement.

EROAD Limited, a company listed on the NZX, has seen a change in its shareholder composition as UBS Group AG and its related bodies corporate have decreased their substantial holding in the company. Previously holding 5.20% of EROAD’s ordinary shares, UBS now holds 4.61%, reflecting a reduction in their stake. This change in substantial holding may impact EROAD’s shareholder dynamics and could influence market perceptions of the company’s stock.

More about EROAD

YTD Price Performance: -22.26%

Average Trading Volume: 200

Technical Sentiment Signal: Strong Buy

Current Market Cap: $94.35M

See more data about ERDLF stock on TipRanks’ Stock Analysis page.

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