tiprankstipranks
Empire Resources Shareholder Voting Power Shifts
Company Announcements

Empire Resources Shareholder Voting Power Shifts

Empire Resources Limited (AU:ERL) has released an update.

Don't Miss our Black Friday Offers:

Empire Resources Limited has seen a notable change in its shareholder landscape, with substantial holder Michael Ruane increasing his voting power from 35.88% to 36.29% through various transactions, including on-market purchases and rights issue uptakes. The changes occurred between December 2022 and May 2024, affecting a total of over 138 million votes. This shift in shareholding may influence the company’s future strategic directions and investor decisions.

For further insights into AU:ERL stock, check out TipRanks’ Stock Analysis page.

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