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Spheria Asset Management Reduces McPherson’s Stake
Company Announcements

Spheria Asset Management Reduces McPherson’s Stake

Mcpherson’S Limited (AU:MCP) has released an update.

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Spheria Asset Management Pty Ltd has adjusted its stake in McPherson’s Ltd, reducing its voting power from 10.64% to 7.46% as recorded on June 5, 2024. This marks a change in the substantial holding compared to the previous notice dated November 7, 2023. The company’s shareholders and potential investors may see this as a strategic portfolio adjustment by the asset management firm.

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

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