Kelsian Group’s Substantial Shareholder Increases Stake
Company Announcements

Kelsian Group’s Substantial Shareholder Increases Stake

Kelsian Group Limited (AU:KLS) has released an update.

Kelsian Group Limited has seen a change in substantial shareholding by Yarra Capital Management and its associates, with their voting power increasing from 5.01% to 6.05% following transactions between September 23, 2023, and June 20, 2024. The changes involved the acquisition and disposal of shares, with a total consideration of over $16 million for acquisitions and $727,860 for disposals. These transactions have shifted the dynamics of Kelsian Group’s ownership structure, potentially impacting the company’s strategic direction and market perception.

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

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