State Street Ends Substantial Holding in Smartgroup

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

Smartgroup Corporation Ltd has reported that State Street Corporation and its subsidiaries have ceased to be substantial holders as of October 9, 2024. The changes involve various entities under the State Street Corporation umbrella, with details outlined in a formal notice dated October 11, 2024. This shift in substantial holding could signal significant portfolio adjustments by one of the world’s leading investment management firms.

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