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Citigroup Becomes Substantial Shareholder in Cettire Ltd
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Citigroup Becomes Substantial Shareholder in Cettire Ltd

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Cettire Ltd. ( (AU:CTT) ) has provided an update.

Cettire Ltd has announced that Citigroup Global Markets Australia Pty Limited, along with its related entities, has become a substantial shareholder in the company as of January 7, 2025. Citigroup now holds a 6.3899% voting power in Cettire Ltd through various agreements, highlighting a significant investment in the firm. This announcement indicates a strategic interest from a major financial institution, which may impact Cettire’s market positioning and operational dynamics, potentially influencing stakeholder confidence and future growth opportunities.

More about Cettire Ltd.

YTD Price Performance: -4.30%

Average Trading Volume: 2,800,049

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$564.2M

For detailed information about CTT stock, go to TipRanks’ Stock Analysis page.

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