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Urbanise.com Sees Shift in Substantial Holder’s Voting Power

Story Highlights
  • Urbanise.com Limited’s substantial holder, Jencay Capital, saw a change in interests.
  • Jencay Capital’s voting power decreased from 10.12% to 7.81% due to share dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Urbanise.com Sees Shift in Substantial Holder’s Voting Power

Confident Investing Starts Here:

An update from Urbanise.com ( (AU:UBN) ) is now available.

Urbanise.com Limited has experienced a change in the interests of its substantial holder, Jencay Capital Pty Limited. The change, which occurred due to dilution from share issuance offset by purchases of shares, resulted in Jencay Capital’s voting power decreasing from 10.12% to 7.81%. This adjustment in voting power reflects a shift in the company’s shareholder dynamics, potentially impacting its governance and decision-making processes.

More about Urbanise.com

Average Trading Volume: 14,592

Technical Sentiment Signal: Buy

Current Market Cap: A$62.9M

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

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