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Vanguard Group Reduces Stake in Audinate Group Ltd.

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Vanguard Group Reduces Stake in Audinate Group Ltd.

Audinate Group Ltd. ( (AU:AD8) ) just unveiled an announcement.

The Vanguard Group has ceased to be a substantial holder in Audinate Group Ltd. as of February 28, 2025, now holding 4.754% of the voting power. This change in substantial holding could impact the company’s shareholder dynamics and influence within the market, potentially affecting stakeholder interests and the company’s strategic decisions moving forward.

More about Audinate Group Ltd.

Audinate Group Ltd. operates in the technology industry, specializing in digital audio networking solutions. The company is known for its primary product, Dante, which is a leading audio over IP networking solution widely used in the professional audio industry.

YTD Price Performance: 4.67%

Average Trading Volume: 1,074

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $441.3M

See more data about AD8 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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