Michael Hill International Ltd. (AU:MHJ) has released an update.
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Spheria Asset Management Pty Ltd has increased its stake in Michael Hill International Ltd, with its voting power rising from 11.60% to 12.60% as of June 21, 2024. The change signifies a notable increase in Spheria’s relevant interest in the company, involving an additional 4,431,453 ordinary fully paid shares. This shift in shareholding could have implications for investor influence and company governance.
For further insights into AU:MHJ stock, check out TipRanks’ Stock Analysis page.