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Mcmillan Shakespeare Limited ( (AU:MMS) ) just unveiled an update.
The Vanguard Group, Inc. has announced that it has ceased to be a substantial holder of McMillan Shakespeare Limited as of December 31, 2024, reducing its voting power to 4.994%. This change in holding suggests a shift in investment strategy or portfolio adjustment by Vanguard, which could have implications for McMillan Shakespeare’s shareholder composition and market perception. Stakeholders might interpret this movement as a potential change in the company’s market confidence or investment attractiveness.
More about Mcmillan Shakespeare Limited
McMillan Shakespeare Limited operates in the financial services industry, focusing primarily on salary packaging, novated leasing, and fleet management solutions. The company is known for providing comprehensive employee benefit solutions and is a market leader in its specialized services, aiming to enhance the financial well-being of its clients and stakeholders.
YTD Price Performance: 3.45%
Average Trading Volume: 300
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €639M
See more data about MMS stock on TipRanks’ Stock Analysis page.
