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The latest update is out from Pacific Current Group Ltd ( (AU:PAC) ).
Citigroup Global Markets Australia Pty Limited, along with its associated entities within the Citigroup group, has become a substantial shareholder in Pacific Current Group Ltd as of January 24, 2025. The group’s total voting power in Pacific Current Group is 5.0023%, spread across various entities, primarily through securities lending agreements. This acquisition of a significant voting stake marks a noteworthy development in Citigroup’s investment strategy and could have implications for the management and strategic direction of Pacific Current Group, potentially influencing its market position and stakeholder interests.
More about Pacific Current Group Ltd
YTD Price Performance: 2.39%
Average Trading Volume: 5,750
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $389.8M
For a thorough assessment of PAC stock, go to TipRanks’ Stock Analysis page.
