E&P Financial Group Ltd. (AU:EP1) has released an update.
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E&P Financial Group Ltd. has announced a significant increase in the voting power of its substantial holder, the Mercury Funds, due to a recent share buy-back. The reduction in the number of shares has elevated Mercury Funds’ voting power to 32.05%, up from 25.85%. This change underscores the impact of strategic share buy-backs in altering shareholder dynamics.
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