Citigroup Boosts Stake in Pilbara Minerals

Pilbara Minerals Limited (AU:PLS) has released an update.

Citigroup Global Markets Australia has increased its voting power in Pilbara Minerals Limited from 6.34% to 7.85%, indicating a stronger interest in the company’s shares. The change is part of a series of contracts involving securities lending agreements. Investors might see this as a signal of confidence from a major financial player in the potential growth of Pilbara Minerals.

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