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Soul Patts Reduces Stake in Lindsay Australia Limited

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Soul Patts Reduces Stake in Lindsay Australia Limited

An announcement from Washington H. Soul Pattinson and Co. Ltd. ( (AU:SOL) ) is now available.

Washington H. Soul Pattinson and Company Limited has reduced its stake in Lindsay Australia Limited, decreasing its voting power from 11.06% to 9.53%. This change in shareholding reflects a strategic adjustment in Soul Patts’ investment portfolio, potentially impacting its influence over Lindsay Australia Limited and signaling a reassessment of its investment priorities.

More about Washington H. Soul Pattinson and Co. Ltd.

Washington H. Soul Pattinson and Company Limited, commonly known as Soul Patts, is a diversified investment company with interests across various sectors including telecommunications, resources, building materials, and financial services. The company is known for its strategic investments and long-term value creation for its stakeholders.

YTD Price Performance: 2.11%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $8B

For an in-depth examination of SOL stock, go to TipRanks’ Stock Analysis page.

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

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