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State Street Becomes Major Beach Energy Shareholder

State Street Becomes Major Beach Energy Shareholder

Beach Energy Limited (AU:BPT) has released an update.

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State Street Corporation has emerged as a substantial holder in Beach Energy Limited, with a 5.13% stake amounting to 117,070,578 ordinary shares. The change in shareholding status occurred on June 3, 2024, as detailed in the company’s recent Form 603 submission under the Corporations Act 2001. This development could indicate a significant shift in Beach Energy’s investor landscape.

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

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