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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has shared an announcement.
Vanguard Group has notified Washington H. Soul Pattinson and Company Limited that it has ceased to be a substantial shareholder in the Australian investment company. According to the filing under the Corporations Act, Vanguard’s aggregate holding has fallen to 4.973% of the company’s voting power, dropping below the 5% threshold that defines a substantial holding, a change that may slightly alter the company’s institutional investor mix but does not indicate any change in associations or governance ties.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$38.00 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
More about Washington H. Soul Pattinson and Co.
Washington H. Soul Pattinson and Company Limited is an Australian investment company with diversified holdings across sectors including telecommunications, natural resources, building materials, financial services and other long‑term strategic investments, acting as a listed investment house on the ASX.
Average Trading Volume: 732,063
Technical Sentiment Signal: Buy
Current Market Cap: A$13.61B
For an in-depth examination of SOL stock, go to TipRanks’ Overview page.