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Vanguard Group Acquires Substantial Stake in Service Stream Limited

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Vanguard Group Acquires Substantial Stake in Service Stream Limited

Service Stream Limited ( (AU:SSM) ) just unveiled an update.

The Vanguard Group has become a substantial holder in Service Stream Limited, acquiring a 5.003% voting power through its various mutual funds and accounts. This acquisition signifies a significant investment by Vanguard, potentially impacting Service Stream’s market positioning and indicating confidence in the company’s future performance.

More about Service Stream Limited

Service Stream Limited operates in the infrastructure services industry, providing essential services such as network design, construction, maintenance, and operations. The company primarily focuses on telecommunications, utilities, and transport sectors, offering a range of solutions to support the infrastructure needs of its clients.

YTD Price Performance: 2.54%

Average Trading Volume: 226

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €643.1M

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

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