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Aussie Broadband Reports Shareholding Dilution
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Aussie Broadband Reports Shareholding Dilution

Aussie Broadband Ltd. (AU:ABB) has released an update.

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Intertubes Pty Ltd has lodged a Form 604 indicating a dilution in their substantial holding in Aussie Broadband Limited, with no actual change in the number of shares held. The dilution, resulting from recent corporate actions, has decreased their voting power from 6.84% to 5.50%. The company has implemented measures to monitor any future changes in its share capital and the impact on substantial holdings.

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

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