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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, securing a 5% voting power with 6,702,627 ordinary shares. The acquisition, which was finalized on July 2, 2024, positions State Street Corporation as a key shareholder influencing Smartgroup’s future. Details of the acquisition, including consideration and associates involved, are documented in various annexures of the notice.

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

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