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Vanguard Group Acquires Significant Stake in Temple & Webster

Story Highlights

An announcement from Temple & Webster Group Ltd ( (AU:TPW) ) is now available.

The Vanguard Group has become a substantial holder in Temple & Webster Group Ltd, acquiring a 5.004% voting power through its management of various mutual funds and accounts. This acquisition signifies a notable investment in the company, potentially impacting its market position and signaling confidence in its growth prospects.

More about Temple & Webster Group Ltd

Temple & Webster Group Ltd operates in the online retail industry, focusing on homewares and furniture. The company is known for its extensive range of products catering to various home decor needs, targeting consumers looking for quality and stylish home furnishings.

YTD Price Performance: 18.33%

Technical Sentiment Signal: Sell

Current Market Cap: $1.28B

See more insights into TPW stock on TipRanks’ Stock Analysis page.

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