Weiss Group Ends Stake in MMA Offshore
Company Announcements

Weiss Group Ends Stake in MMA Offshore

MMA Offshore Limited (AU:MRM) has released an update.

Weiss Asset Management LP and associated entities, collectively known as Weiss Group, have ceased to be substantial shareholders in MMA Offshore Limited as of July 11, 2024. The group’s divestment involved the sale of 5,500,000 shares, significantly altering their previous stake in the company. This change in shareholding could influence MMA Offshore Limited’s stock dynamics and investor interest.

For further insights into AU:MRM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App