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Viva Energy’s Substantial Holder Voting Power Shifts

Story Highlights
  • Viva Energy’s substantial holder, Ubique Asset Management, has reduced its voting power.
  • The voting power decrease may affect shareholder dynamics and corporate decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Viva Energy Group Ltd. ( (AU:VEA) ) has issued an announcement.

Viva Energy Group Ltd. has experienced a change in the interests of its substantial holder, Ubique Asset Management Pty Ltd. The voting power of Ubique Asset Management has decreased from 6.26% to 5.14% due to various transactions including on-market purchases and in-specie transfers. This shift in voting power may impact the company’s shareholder dynamics and influence future corporate decisions.

More about Viva Energy Group Ltd.

YTD Price Performance: -43.96%

Average Trading Volume: 3,426

Technical Sentiment Signal: Buy

Current Market Cap: €1.44B

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

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