State Street Ups Stake in Telstra Group

Telstra Corporation Limited (AU:TLS) has released an update.

State Street Corporation has increased its stake in Telstra Group Limited, with its voting power rising from 5.00% to 6.03% as per the latest filing. The change occurred on the 14th of May, 2024, marking a significant shift in the company’s substantial holdings since the previous notice on the 18th of April, 2024. This development could indicate a growing confidence in Telstra’s market position and performance.

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