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Weiss Asset Management Increases Stake in Bigtincan Holdings

Story Highlights
  • Weiss Asset Management increased its voting power in Bigtincan from 11.56% to 16.74%.
  • This shareholder change may impact Bigtincan’s strategic decisions and industry positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Bigtincan Holdings Ltd ( (AU:BTH) ) just unveiled an announcement.

Bigtincan Holdings Limited has experienced a significant change in its shareholder structure, with Weiss Asset Management LP, along with its associates, increasing their voting power from 11.56% to 16.74%. This change was facilitated through the acquisition of additional shares, indicating a strategic move by Weiss Group to strengthen its influence within the company. This shift in shareholder dynamics could have implications for Bigtincan’s future strategic decisions and its positioning within the industry, potentially affecting stakeholders’ interests.

More about Bigtincan Holdings Ltd

YTD Price Performance: 10.0%

Average Trading Volume: 6,732,261

Technical Sentiment Signal: Sell

Current Market Cap: A$180.8M

See more insights into BTH stock on TipRanks’ Stock Analysis page.

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