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Capital Group Becomes Substantial Holder in Mader Group
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Capital Group Becomes Substantial Holder in Mader Group

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Mader Group Ltd ( (AU:MAD) ) has provided an announcement.

The Capital Group Companies, Inc. (CGC) has become a substantial holder in Mader Group Ltd as of January 8, 2025, acquiring a 5% voting power through its investment management company, Capital Research and Management Company (CRMC). This acquisition involves a significant number of shares, precisely 10,095,810 common stocks, reflecting CGC’s strategic interest in expanding its investment portfolio in the market.

More about Mader Group Ltd

YTD Price Performance: 2.99%

Average Trading Volume: 145,104

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.25B

For an in-depth examination of MAD stock, go to TipRanks’ Stock Analysis page.

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