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Challenger Limited Reduces Stake in Sigma Healthcare

Story Highlights
  • Challenger Limited and associates have ceased to be substantial holders in Sigma Healthcare.
  • New securities issued by Sigma Healthcare diluted Challenger’s shareholding percentage.
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Challenger Limited Reduces Stake in Sigma Healthcare

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Sigma Healthcare Ltd ( (AU:SIG) ) has issued an announcement.

Sigma Healthcare Ltd is experiencing a change in its shareholder structure as Challenger Limited and its associated entities have ceased to be substantial holders. This change results from the issuance of new securities by Sigma Healthcare, which has diluted the percentage of shares held by Challenger Limited. This development may impact Sigma Healthcare by altering its shareholder dynamics and potentially influencing future voting outcomes or strategic decisions.

More about Sigma Healthcare Ltd

YTD Price Performance: 6.37%

Average Trading Volume: 7,634

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €19.12B

Learn more about SIG stock on TipRanks’ Stock Analysis page.

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