Smith Group Adjusts Stake in National Tyre & Wheel

National Tyre & Wheel Ltd. (AU:NTD) has released an update.

National Tyre & Wheel Ltd. has seen a shift in its substantial shareholders as the Smith Group, via ST Corso Pty Ltd, increased its stake by acquiring additional shares worth $1.5 million. This move has adjusted their voting power from 21.18% to 19.05%, reflecting a strategic position in the company. Investors are watching these changes closely as they may impact future company dynamics.

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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