tiprankstipranks
Trending News
More News >

Soul Patts Increases Stake in AMA Group

Story Highlights

Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has issued an update.

Washington H. Soul Pattinson and Company Limited has increased its voting power in AMA Group Limited from 5.27% to 6.02%, reflecting a strategic move to strengthen its influence within the company. Additionally, through its association with Pengana Capital Group Limited, Soul Patts has acquired a 0.42% voting power, bringing its total voting power in AMA Group to 6.44%. This change in substantial holding indicates a potential shift in the company’s investment strategy and could impact its market positioning and stakeholder relations.

More about Washington H. Soul Pattinson and Co.

Washington H. Soul Pattinson and Company Limited (Soul Patts) is a diversified investment company based in Australia. It operates across various industries, including telecommunications, energy, and financial services, focusing on long-term investments and value creation for its stakeholders.

Average Trading Volume: 444,279

Technical Sentiment Signal: Buy

Current Market Cap: A$13.72B

For detailed information about SOL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App