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Vanguard Group Acquires Substantial Stake in Superloop Limited

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Vanguard Group Acquires Substantial Stake in Superloop Limited

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Superloop Ltd. ( (AU:SLC) ) has provided an announcement.

The Vanguard Group, a global investment management firm, has become a substantial shareholder in Superloop Limited, acquiring a 5.004% voting power with a total of 25,611,640 ordinary shares. This acquisition may impact Superloop’s market presence and shareholder dynamics, potentially influencing strategic decisions and stakeholder interests.

More about Superloop Ltd.

Superloop Limited operates in the telecommunications industry, focusing on providing infrastructure solutions and connectivity services. The company offers a range of telecommunications services including internet, network, and managed services, targeting enterprise, government, and wholesale customers in the Asia-Pacific region.

YTD Price Performance: 2.34%

Average Trading Volume: 480

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €694.1M

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

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