Infomedia Ltd (AU:IFM) has released an update.
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Vanguard Group has become a substantial shareholder in Infomedia Limited, acquiring a 5.004% interest with 18,805,756 ordinary shares. This move, effective from 8 August 2024, positions Vanguard as a key player with significant influence over the company’s voting power. The transactions involved various funds and accounts managed by Vanguard, with the company now having the power to dispose of these shares.
For further insights into AU:IFM stock, check out TipRanks’ Stock Analysis page.