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PEXA Group Welcomes New Major Shareholder
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PEXA Group Welcomes New Major Shareholder

PEXA Group Limited (AU:PXA) has released an update.

Yarra Capital Management and its associated entities have emerged as substantial holders in PEXA Group Ltd, acquiring a 5.01% voting power through 8,892,337 ordinary fully paid shares. The acquisition period spanned from December 3, 2023, to April 3, 2024, with a total cash consideration of $26,969,572. This marks a notable change in the ownership structure of PEXA Group, potentially influencing its strategic direction and governance.

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

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