State Street Corporation Acquires Major Stake in Credit Corp
Company Announcements

State Street Corporation Acquires Major Stake in Credit Corp

Credit Corp Group Limited (AU:CCP) has released an update.

State Street Corporation has emerged as a significant investor in Credit Corp Group Limited, acquiring a 5.28% stake with 3,593,779 ordinary shares. The acquisition, which positions State Street as a substantial holder in the company, was formalized on May 13, 2024. This strategic move by State Street could signal confidence in Credit Corp’s financial prospects and influence future shareholder dynamics.

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

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