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State Street Corporation Increases Stake in De Grey Mining

Story Highlights
  • State Street Corporation and subsidiaries now hold significant voting power in De Grey Mining.
  • This move may impact De Grey Mining’s governance and decision-making processes.
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State Street Corporation Increases Stake in De Grey Mining

De Grey Mining Ltd ( (AU:DEG) ) has issued an announcement.

De Grey Mining Ltd has announced a significant change in its substantial holders, with State Street Corporation and its subsidiaries, including State Street Global Advisors and State Street Bank and Trust Company, now holding a significant voting power in the company. This development indicates a strategic move by these financial entities to consolidate their influence in De Grey Mining, potentially impacting the company’s governance and decision-making processes.

More about De Grey Mining Ltd

YTD Price Performance: 17.27%

Average Trading Volume: 44,096

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.19B

See more insights into DEG stock on TipRanks’ Stock Analysis page.

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