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HMC Capital Ceases to be a Substantial Holder in Sigma Healthcare

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HMC Capital Ceases to be a Substantial Holder in Sigma Healthcare

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Sigma Healthcare Ltd ( (AU:SIG) ) has issued an update.

Sigma Healthcare Ltd announced that HMC Capital Partners Holdings Pty Ltd and its related entities have ceased to be substantial holders of its shares as of February 12, 2025. This change follows a series of on-market sales of Sigma’s shares by HMC Capital, as well as the implementation of a scheme of arrangement in which Sigma acquired Chemist Warehouse. The acquisition resulted in the issuance of new shares to Chemist Warehouse shareholders, consequently diluting HMC Capital’s stake in Sigma. This development may affect Sigma’s shareholder structure and influence its market positioning.

More about Sigma Healthcare Ltd

Sigma Healthcare Ltd operates in the healthcare industry, primarily focusing on providing pharmaceutical distribution services. The company is a key player in the Australian market, delivering a wide range of healthcare products and services to community pharmacies and hospital networks.

YTD Price Performance: 6.37%

Average Trading Volume: 7,634

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.69B

See more data about SIG stock on TipRanks’ Stock Analysis page.

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