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Sims Limited Sees Shift in Shareholder Influence

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Sims Limited Sees Shift in Shareholder Influence

Sims ( (AU:SGM) ) has issued an announcement.

Sims Limited, a company whose substantial shareholder is Australian Retirement Trust Pty LTD, has seen a notable change in its voting power dynamics. Australian Retirement Trust Pty LTD became a substantial holder with 5.029% of the voting power, owning 9,716,679 fully paid ordinary shares. This development indicates a significant shift in shareholder influence, potentially impacting corporate decisions and stakeholder interests moving forward.

More about Sims

YTD Price Performance: 7.59%

Average Trading Volume: 1,704

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.59B

See more insights into SGM stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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