EML Payments Ltd. (AU:EML) has released an update.
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EML Payments Limited has experienced a significant shift in shareholder dynamics, with Viburnum Funds Pty Ltd increasing its stake from 6.46% to 7.85% through the acquisition of shares on the market. The investment firm’s voting power has seen a notable rise due to purchases made on January 9 and August 7, 2024, reflecting a growing confidence in EML’s potential. This change represents a considerable investment in EML, totaling over $4 million for the additional shares acquired.
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