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Spark New Zealand Limited ( (AU:SPK) ) has issued an update.
The Accident Compensation Corporation (ACC) has disclosed a reduction in its substantial holding of Spark New Zealand Limited, decreasing its stake from 5.013% to 4.983% through on-market sales of 550,000 shares. This change reflects ACC’s strategic rebalancing of its investment portfolio, potentially impacting shareholder dynamics and market perception of Spark New Zealand’s stock.
More about Spark New Zealand Limited
Spark New Zealand Limited operates in the telecommunications industry providing a wide range of services including mobile, broadband, and digital services, focusing primarily on the New Zealand market.
YTD Price Performance: -1.86%
Average Trading Volume: 2,129,033
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.86B
For detailed information about SPK stock, go to TipRanks’ Stock Analysis page.
