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State Street Becomes Major Shareholder in Smartgroup
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State Street Becomes Major Shareholder in Smartgroup

Smartgroup Corporation Ltd (AU:SIQ) has released an update.

State Street Corporation has emerged as a substantial holder in Smartgroup Corporation Ltd, with a 5.04% voting power through the ownership of 6,703,992 ordinary shares as of May 16, 2024. Details around the acquisition, including consideration and associates involved, are disclosed in various annexures of the official notice. This strategic move may influence the company’s future decision-making processes at shareholder meetings.

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

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