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Vanguard Group Takes Stake in Genesis Minerals
Company Announcements

Vanguard Group Takes Stake in Genesis Minerals

Genesis Minerals Limited (AU:GMD) has released an update.

Genesis Minerals Limited has announced that Vanguard Group has become a substantial holder in the company, with a 5.001% voting power through 56,111,053 ordinary shares. The shares are managed by various Vanguard Group funds and accounts, with the power to dispose of them vested in the group. This strategic stake acquisition aligns with Vanguard’s management of mutual funds and accounts, marking a significant investment move in the mining sector.

For further insights into AU:GMD stock, check out TipRanks’ Stock Analysis page.

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