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Island Pharmaceuticals Announces Change in Substantial Shareholder’s Voting Power

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Island Pharmaceuticals Announces Change in Substantial Shareholder’s Voting Power

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The latest update is out from Island Pharmaceuticals Ltd ( (AU:ILA) ).

Island Pharmaceuticals Ltd has announced a change in the voting power of one of its substantial shareholders, Dr. William James Garner. The change, which occurred due to dilution, has reduced Dr. Garner’s voting power from 15.79% to 14.21%, although the number of shares he holds remains the same. This adjustment in voting power could influence the company’s decision-making dynamics and reflects a shift in shareholder influence.

More about Island Pharmaceuticals Ltd

Average Trading Volume: 259,246

Technical Sentiment Signal: Buy

Current Market Cap: A$52.56M

For an in-depth examination of ILA stock, go to TipRanks’ Stock Analysis page.

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