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Vista Group Shareholding Update: FirstCape Reduces Stake

Story Highlights
  • FirstCape Group Limited reduced its stake in Vista Group from 6.639% to 5.602%.
  • The change in shareholding may impact Vista Group’s market perception and shareholder dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vista Group Shareholding Update: FirstCape Reduces Stake

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Vista Group International Ltd ( (AU:VGL) ) has provided an update.

Vista Group International Ltd has disclosed a significant change in its substantial shareholding, as required under the Financial Markets Conduct Act 2013. FirstCape Group Limited, a major shareholder, has reduced its stake in Vista Group from 6.639% to 5.602% through a series of on-market transactions involving its subsidiaries Harbour Asset Management Limited, BNZ Investment Services Limited, and JBWere (NZ) Limited. This change reflects a strategic adjustment in FirstCape’s investment portfolio, potentially impacting Vista Group’s market perception and shareholder dynamics.

The most recent analyst rating on (AU:VGL) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Vista Group International Ltd stock, see the AU:VGL Stock Forecast page.

More about Vista Group International Ltd

Average Trading Volume: 35,847

Technical Sentiment Signal: Buy

Current Market Cap: A$659.8M

Learn more about VGL stock on TipRanks’ Stock Analysis page.

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