tiprankstipranks
The Capital Group Becomes Substantial Holder in Cleanaway Waste Management
Company Announcements

The Capital Group Becomes Substantial Holder in Cleanaway Waste Management

Story Highlights

Invest with Confidence:

Cleanaway Waste Management Ltd. ( (AU:CWY) ) has provided an announcement.

Cleanaway Waste Management Ltd. has announced that The Capital Group Companies, Inc. (CGC), a U.S.-based investment management company, has become a substantial holder in the company as of January 17, 2025. CGC, through its subsidiary Capital Research and Management Company, now holds a 5.25% voting power in Cleanaway Waste Management Ltd., having acquired 117,217,544 common stock shares. This development may have significant implications for Cleanaway Waste Management Ltd., potentially influencing its strategic decisions and operations given the substantial stake held by a major investment firm.

More about Cleanaway Waste Management Ltd.

YTD Price Performance: 5.71%

Average Trading Volume: 1,511

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.85B

See more data about CWY stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles