IDP Education Ltd. (AU:IEL) has released an update.
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Citigroup Global Markets Australia Pty Limited and its affiliates have adjusted their stakes in IDP Education Ltd, increasing their voting power from 5.3854% to 6.5623%. The changes, reported on 17 May 2024, involved a series of transactions including securities lending agreements and standard stock market trades. This shift in shareholding indicates a growing interest from Citigroup in the educational services provider.
For further insights into AU:IEL stock, check out TipRanks’ Stock Analysis page.