Spheria Asset Management Ups Stake in Adore Beauty
Company Announcements

Spheria Asset Management Ups Stake in Adore Beauty

Adore Beauty Group Ltd. (AU:ABY) has released an update.

Spheria Asset Management Pty Ltd has increased its stake in Adore Beauty Group Ltd, growing its voting power from 13.47% to 15.37% as reported on October 1, 2024. The adjustment in shares represents a significant change in interest for the substantial holder since their last notice on July 19, 2024. This move indicates a growing confidence by Spheria Asset Management in the beauty company’s potential.

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

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