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Salt Funds Management Reduces Stake in Tower Limited

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Salt Funds Management Reduces Stake in Tower Limited

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Tower Limited ( (AU:TWR) ) just unveiled an announcement.

Salt Funds Management Limited has reduced its substantial holding in Tower Limited, decreasing its share from 5.993% to 4.947%. This change in shareholding may affect Tower Limited’s market dynamics and stakeholder perceptions, as it reflects a significant transaction involving on-market sales and purchases by Salt Funds Management Limited.

More about Tower Limited

Tower Limited operates in the financial sector, focusing on providing insurance services and products. The company is known for its market presence in New Zealand, where it offers a range of insurance solutions to meet the needs of its clients.

Average Trading Volume: 42,515

Technical Sentiment Signal: Buy

Current Market Cap: A$532.5M

For an in-depth examination of TWR stock, go to TipRanks’ Overview page.

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