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Avanza Bank Increases Stake in Eco Atlantic Oil & Gas

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Avanza Bank Increases Stake in Eco Atlantic Oil & Gas

Eco Atlantic Oil & Gas ( (TSE:EOG) ) has shared an announcement.

Eco Atlantic Oil & Gas Ltd. has announced a change in its major holdings, as Avanza Bank Holding AB, through its subsidiary Försäkringsaktiebolaget Avanza Pension, has increased its voting rights in the company from 3.08633% to 4.17801%. This change in holdings indicates a growing interest and investment in Eco Atlantic by Avanza, potentially impacting the company’s shareholder dynamics and future decision-making processes.

More about Eco Atlantic Oil & Gas

Eco Atlantic Oil & Gas Ltd. operates in the oil and gas industry, focusing on exploration and development of petroleum resources. The company is known for its strategic interests in offshore oil blocks, primarily in regions like Africa and South America.

YTD Price Performance: -26.05%

Average Trading Volume: 644,740

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £27.91M

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

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