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FirstCape Group Reduces Stake in Spark New Zealand

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FirstCape Group Reduces Stake in Spark New Zealand

The latest update is out from Spark New Zealand Limited ( (AU:SPK) ).

FirstCape Group Limited has reduced its substantial holding in Spark New Zealand Limited, with its ownership percentage dropping from 5.043% to 4.987%. This change reflects a slight decrease in the number of ordinary shares held, which may impact the company’s shareholder dynamics and market perception.

More about Spark New Zealand Limited

Spark New Zealand Limited is a telecommunications company that provides a range of services including mobile, broadband, and digital solutions. It is a major player in the New Zealand market, focusing on delivering innovative communication services to both individual and business customers.

YTD Price Performance: -23.79%

Average Trading Volume: 2,239,062

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.77B

For detailed information about SPK stock, go to TipRanks’ Stock Analysis page.

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