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Vanguard Group Ups Stake in Metcash Limited

Vanguard Group Ups Stake in Metcash Limited

Metcash Limited (AU:MTS) has released an update.

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Vanguard Group has increased its voting power in Metcash Limited, signaling a change in the interests of the substantial holder. As of 23 July 2024, Vanguard Group now controls 6.012% of the voting shares, up from the previous 5.006%. This investment maneuver demonstrates Vanguard’s growing influence in Metcash and may have implications for the company’s strategic direction.

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

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