Home Consortium Ltd (AU:HMC) has released an update.
HMC Capital Limited and its associated entities have increased their substantial holding in Baby Bunting Group Ltd, with their voting power rising from 10.29% to 12.31%. The increase in shares held is a result of multiple on-market acquisitions between May 13 and June 4, 2024, with prices ranging from $1.30 to $1.45 per share. This series of transactions reflects a growing interest from HMC Capital in the retail company, signaling potential confidence in Baby Bunting Group’s future.
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