Paladin Energy Sees Increased Stake by JPMorgan

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

Paladin Energy Ltd has seen an increase in the voting power of its substantial holder, JPMorgan Chase & Co., from 6.48% to 7.55%. This change reflects a series of transactions involving purchases, sales, and securities lending activities across JPMorgan’s various entities. Investors following Paladin Energy might find this development noteworthy as it indicates growing institutional confidence in the company’s prospects.

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