tiprankstipranks
Company Announcements

Change in Substantial Holding for Johns Lyng Group Ltd

Story Highlights
Change in Substantial Holding for Johns Lyng Group Ltd

Johns Lyng Group Ltd ( (AU:JLG) ) has shared an update.

Johns Lyng Group Ltd has experienced a change in the interests of its substantial holder, The Capital Group Companies, Inc. (CGC), which is a prominent investment management company. The change in voting power reflects an increase in the number of shares held by CGC, from 17,606,087 shares (7.85% voting power) to 19,195,116 shares (6.82% voting power). This adjustment in shareholding may influence the company’s strategic decisions and stakeholder dynamics.

More about Johns Lyng Group Ltd

YTD Price Performance: -31.19%

Average Trading Volume: 1,605,455

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$717.6M

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

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App