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Allan Gray Australia Boosts Stake in Incitec Pivot Limited

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Allan Gray Australia Boosts Stake in Incitec Pivot Limited

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Incitec Pivot Limited ( (AU:IPL) ) has provided an announcement.

Allan Gray Australia Pty Ltd has increased its shareholding in Incitec Pivot Limited, raising its voting power from 6.11% to 7.20% as of February 11, 2025. This change in shareholding indicates a strengthening of Allan Gray Australia’s position in the company, potentially influencing corporate decisions and reflecting confidence in the company’s operational strategies.

More about Incitec Pivot Limited

Incitec Pivot Limited operates within the chemicals and explosives industry, primarily focusing on the manufacturing and supply of fertilizers and explosives products. The company serves agricultural sectors and mining companies, providing essential products for crop cultivation and resource extraction.

YTD Price Performance: -1.36%

Average Trading Volume: 238

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $3.45B

Find detailed analytics on IPL stock on TipRanks’ Stock Analysis page.

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