JPMorgan Chase Acquires Stake in Paladin Energy
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JPMorgan Chase Acquires Stake in Paladin Energy

Paladin Energy Ltd (AU:PDN) has released an update.

JPMorgan Chase & Co. and its affiliates have become a substantial holder in Paladin Energy Ltd, with a 5.09% voting power represented by 15,228,061 ordinary shares acquired as of September 30, 2024. The shares are held through various avenues such as securities on loan, purchases, and rehypothecation agreements, indicating a strategic interest by the financial giant in the energy company.

For further insights into AU:PDN stock, check out TipRanks’ Stock Analysis page.

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