CAR Group Sees Shift in Voting Power Among Major Holders

CAR Group (AU:CAR) has released an update.

CAR Group has seen a change in the voting power of its substantial holder, State Street Global Advisors, with various subsidiaries holding significant ordinary shares. This shift is due to changes in the relevant interests of these entities, allowing them to exercise voting rights and manage securities as investment managers or trustees. Investors may find these changes noteworthy as they reflect the evolving influence of major financial institutions in CAR Group’s governance.

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