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Bank of Queensland Announces Changes in Substantial Holdings

Story Highlights
  • State Street Corporation and its subsidiaries hold significant voting interests in Bank of Queensland.
  • Changes in voting power could influence Bank of Queensland’s strategic decisions and governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bank of Queensland Announces Changes in Substantial Holdings

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Bank of Queensland ( (AU:BOQ) ) has shared an update.

The Bank of Queensland has announced changes in the substantial holdings of its voting securities, with State Street Corporation and its subsidiaries, including State Street Global Advisors and State Street Bank and Trust Company, having significant interests. This development reflects a shift in the control of voting power within the company, which could influence its strategic decisions and governance. The announcement highlights the active role of major financial institutions in managing and influencing corporate voting rights, potentially impacting stakeholders and the company’s market positioning.

The most recent analyst rating on (AU:BOQ) stock is a Sell with a A$5.20 price target. To see the full list of analyst forecasts on Bank of Queensland stock, see the AU:BOQ Stock Forecast page.

More about Bank of Queensland

Average Trading Volume: 2,335,648

Technical Sentiment Signal: Buy

Current Market Cap: A$5.16B

For detailed information about BOQ stock, go to TipRanks’ Stock Analysis page.

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