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Insignia Financial Ltd Reduces Stake in Mayne Pharma Group

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Insignia Financial Ltd Reduces Stake in Mayne Pharma Group

Mayne Pharma Group ( (AU:MYX) ) has provided an announcement.

Insignia Financial Ltd has announced that it has ceased to be a substantial holder in Mayne Pharma Group Limited as of March 4, 2025. The notice details various transactions involving the purchase and sale of shares by Insignia Financial Ltd and its subsidiaries, indicating a significant reduction in their holdings in Mayne Pharma. This change in substantial holding may impact Mayne Pharma’s shareholder structure and could influence its market perception and stock performance.

More about Mayne Pharma Group

YTD Price Performance: 53.65%

Average Trading Volume: 2,239

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $369.2M

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

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