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Insignia Financial Ltd ( (AU:IFL) ) has shared an update.
Insignia Financial Ltd has issued a notice regarding the aggregated percentage of voting shares controlled by its associated entities, as per an exemption granted by ASIC under subsection 259C(2) of the Corporations Act 2001. The notice indicates a decrease in the percentage of voting shares controlled by its entities from 0.926% to 0.815%, reflecting changes in the company’s shareholding structure. This adjustment in shareholding could impact the company’s governance and decision-making processes, potentially affecting stakeholders’ interests.
The most recent analyst rating on (AU:IFL) stock is a Hold with a A$4.80 price target. To see the full list of analyst forecasts on Insignia Financial Ltd stock, see the AU:IFL Stock Forecast page.
More about Insignia Financial Ltd
Insignia Financial Ltd operates in the financial services industry, focusing on providing a range of financial products and services. The company is involved in managing investment portfolios, offering financial advice, and providing superannuation services to its clients.
Average Trading Volume: 2,883,725
Technical Sentiment Signal: Buy
Current Market Cap: A$3.02B
For a thorough assessment of IFL stock, go to TipRanks’ Stock Analysis page.