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State Street Increases Stake in Nextdc Limited

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State Street Increases Stake in Nextdc Limited

An announcement from Nextdc Limited ( (AU:NXT) ) is now available.

Nextdc Limited has seen a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries now holding an 8.36% voting power in the company, up from 7.35%. This increase in voting power may influence the company’s decision-making processes and reflects a significant level of confidence from a major institutional investor, potentially impacting Nextdc’s market positioning and stakeholder dynamics.

More about Nextdc Limited

YTD Price Performance: -10.38%

Average Trading Volume: 600

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.33B

Find detailed analytics on NXT stock on TipRanks’ Stock Analysis page.

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