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Perpetual Limited Reduces Stake in Iluka Resources

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Perpetual Limited Reduces Stake in Iluka Resources

The latest announcement is out from Iluka Resources Limited ( (AU:ILU) ).

Iluka Resources Limited has experienced a decrease in its substantial holdings by Perpetual Limited and its related bodies. The voting power of Perpetual Limited has reduced from 8.24% to 7.194%, indicating a change in their interests in the company. This reduction in Perpetual Limited’s voting power may have implications on their influence within Iluka Resources Limited, potentially affecting decision-making processes and strategic directions.

More about Iluka Resources Limited

YTD Price Performance: -0.30%

Average Trading Volume: 875

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.42B

See more data about ILU stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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