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Capital Group Gains Substantial Stake in Temple & Webster
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Capital Group Gains Substantial Stake in Temple & Webster

Temple & Webster Group Ltd (AU:TPW) has released an update.

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The Capital Group Companies, Inc. has emerged as a substantial holder in Temple & Webster Group Ltd, acquiring a 5% voting power equivalent to 5,938,319 common stock shares. The shares are managed by the investment arms of the group, with Capital Research and Management Company having voting and disposal rights over the stock. This strategic move by The Capital Group highlights its significant investment and influence within the Temple & Webster Group Ltd.

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

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