Magellan Financial Group Ltd (AU:MFG) has released an update.
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State Street Corporation has become a substantial holder in Magellan Financial Group Ltd, with a 5.09% stake as of July 26, 2024. They now possess 9,199,049 ordinary shares, which grants them significant voting power within the company. The details of the acquisition, including the consideration paid and the nature of the relevant interests, are outlined in supporting annexures to the official form.
For further insights into AU:MFG stock, check out TipRanks’ Stock Analysis page.
