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Melrose Industries Shareholding Shift by Capital Group
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Melrose Industries Shareholding Shift by Capital Group

Melrose (GB:MRO) has released an update.

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Melrose Industries PLC has been notified of a change in major shareholdings by The Capital Group Companies, Inc., with voting rights crossing the threshold on August 14, 2024. The Capital Group now holds 19.97% of Melrose’s voting rights, a slight decrease from their previous notification. This shift reflects transactions by investment management companies under The Capital Group’s umbrella, which manage assets for a range of clients but do not own shares for their account.

For further insights into GB:MRO stock, check out TipRanks’ Stock Analysis page.

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