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Spheria Asset Management Reduces Stake in MaxiPARTS Limited

Story Highlights
  • Spheria Asset Management’s voting power in MaxiPARTS decreased from 11.69% to 10.59%.
  • This change may affect Spheria’s influence on MaxiPARTS’ decisions and stakeholder implications.
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Spheria Asset Management Reduces Stake in MaxiPARTS Limited

MaxiPARTS Limited ( (AU:MXI) ) has provided an announcement.

MaxiPARTS Limited has seen a change in the substantial holding interests of Spheria Asset Management Pty Ltd. As of February 21, 2025, Spheria’s voting power in MaxiPARTS has decreased from 11.69% to 10.59%. This reduction in voting power may impact Spheria’s influence on company decisions and could have implications for other stakeholders in terms of corporate governance and strategic direction.

More about MaxiPARTS Limited

YTD Price Performance: 1.60%

Average Trading Volume: 21,090

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$105.7M

Find detailed analytics on MXI stock on TipRanks’ Stock Analysis page.

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