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Reliance Corp Substantial Shareholder Voting Shift
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Reliance Corp Substantial Shareholder Voting Shift

Reliance Worldwide Corp. Ltd. (AU:RWC) has released an update.

Reliance Worldwide Corporation Ltd. has experienced a shift in its substantial shareholder structure, with Yarra Capital Management and related entities reporting a decrease in voting power from 8.37% to 6.82% following transactions between February and April 2024. The change is attributed to acquisitions and disposals totaling around $99.3 million, affecting over 18 million votes and altering the company’s investment landscape.

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

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