Austal Limited Announces Change in Substantial Holding

Tip Ranks
2025.09.16 08:00
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Austal Limited (AU:ASB) announced a change in substantial holding status, with State Street Corporation and its subsidiaries ceasing to be substantial holders as of September 12, 2025. This shift may affect shareholder dynamics and company governance. The latest analyst rating for Austal stock is a Buy, with a price target of A$8.50. Current market cap stands at A$3.36B, with an average trading volume of 1,192,847.

Austal ( (AU:ASB) ) just unveiled an announcement.

Austal Limited has announced a change in its substantial holding status, with State Street Corporation and its subsidiaries ceasing to be substantial holders as of September 12, 2025. This change may impact Austal’s shareholder dynamics and influence in the market, as State Street Corporation’s involvement in voting securities has altered, potentially affecting the company’s governance and strategic decisions.

The most recent analyst rating on (AU:ASB) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Austal stock, see the AU:ASB Stock Forecast page.

More about Austal

Average Trading Volume: 1,192,847

Technical Sentiment Signal: Buy

Current Market Cap: A$3.36B

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