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Dicker Data’s Substantial Shareholder Reduces Stake

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Dicker Data’s Substantial Shareholder Reduces Stake

An announcement from Dicker Data Limited ( (AU:DDR) ) is now available.

Dicker Data Limited announced a change in the substantial holding of its shares by David John Dicker, who reduced his voting power from 52.15% to 47.47% through the sale of shares in an underwritten block trade. This change reflects a significant shift in shareholder dynamics, potentially impacting the company’s governance and strategic decisions, while also affecting stakeholders’ perceptions of the company’s future direction.

More about Dicker Data Limited

Dicker Data Limited operates in the technology distribution industry, focusing on providing hardware, software, and cloud solutions to resellers. The company is known for its extensive product portfolio and strong relationships with leading technology vendors, serving a diverse range of market segments.

YTD Price Performance: -3.24%

Average Trading Volume: 357

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €892.9M

For an in-depth examination of DDR stock, go to TipRanks’ Stock Analysis page.

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